General Hemp™ LLC is the world’s leading investment group supporting growth in the industrial hemp industry.

General Hemp™ LLC is a private equity company founded by a small group of investors and entrepreneurs, to develop new markets for industrial hemp applications, including healthcare, clean energy and more.

Our founders have been working since 2009, even prior to the creation of General Hemp™, to revitalize the industrial hemp industry. Highlights of our accomplishments to date are listed below.

January 1, 2009

First Hemp Bank™

First Hemp Bank™, the world's first private equity group in the industrial hemp and cannabis industry, is founded to help fund this re-emerging industry. The company closed more than 25 transactions ranging from small stores to 500,000 sqft. multi-acre hot house facilities.

2009

August, 2009

CannaBANK®

CannaBANK® provides capital for the development of the first THC-Free, hemp based cannabidiol (CBD) products.

2009

September 2009

CannaBANK®

CannaBANK® establishes a team of over 50 researchers to identify the best cultivars, microclimates, agricultural procedures and more to create the optimal environment to produce cannabinoids from industrial hemp.

2009

April 12, 2009

Hemp Deposit & Distribution Corporation™

Hemp Deposit and Distribution Corp.™ is founded to provide capital and business development services to the legal cannabis industry.

2009

June 1, 2009

CannaBANK®

CannaBANK® is the first venture capital firm in the industrial hemp industry. In its first year (through June, 2010), CannaBANK® deployed over $17M into the industry, and since has funded the development of several private and public companies, including loans to Medical Marijuana Inc., Dixie Botanicals™ and HempMeds®.

2009

March 16, 2011

Medical Marijuana Inc.

Medical Marijuana Inc. completes takeover led by venture capital firm CannaBANK®, completing the largest transaction to that point in cannabis history.

2011

April 11, 2011

CannaBANK®

CannaBANK® opens world's first open research and development and education facility focusing on cannabidiol (CBD) and other medicinally valuable cannabinoids.

2011

February 28, 2012

CannaBANK®

CannaBANK® completes financing agreement with Medical Marijuana Inc. for up to $4 million.

2012

April 12, 2012

PhytoSphere Systems

Medical Marijuana Inc. acquires 80% interest in PhytoSphere Systems, a leading biotechnology company specializing in pharmaceutical grade cannabis compounds and extracts.

more
2012

April 17, 2012

Medical Marijuana Inc.

Medical Marijuana Inc. acquires 60% stake of the Dixie Elixirs and Edibles brand, the world's most widely known cannabis brand, with capital provided by CannaBANK®.

2012

May 2, 2012

Dixie Botanicals™

Dixie™ launches the world's first CBD-based supplement products with capital provided by CannaBANK™. The company would later become Dixie Botanicals™.

more
2012

June 5, 2012

Canchew® Biotechnologies

Medical Marijuana Inc. acquires a 50% stake in CanChew®, a patent pending cannabinoid-based chewing gum. $4.7 million in startup capital is provided by CannaBank®.

more
2012

July 9, 2012

Kannalife Sciences™

KannaLife Sciences™, Inc. signs exclusive license agreement with National Institutes of Health Office of Technology Transfer (NIH-OTT) to commercialize new cannabinoid-based treatment for Hepatic Encephalopathy.

2012

July 14, 2012

Medical Marijuana Inc.

Medical Marijuana Inc. launches European acquisitions arm, Canipa Holdings™.

more
2012

July 22, 2012

PhytoSphere Systems™

PhytoSphere Systems™, a subsidiary of Hemp Deposit & Distribution Corporation™ and Medical Marijuana Inc., signs it's first production contract worth $7.5 million.

2012

November 16, 2012

General Hemp™

General Hemp™ underwrites, finances the acquisition of, and provides seed capital for CannaVest Corp™.

2012

December, 2012

HempMeds®

Medical Marijuana Inc. launches HempMedsRX™, establishing the HempMeds® brand.

2012

March 16, 2013

KannaLife Sciences™

KannaLife Sciences™ receives $1.5 million in Series A financing from Medical Marijuana Inc. and CannaVest Corp™.

2013

April 4, 2013

KannaLife Sciences™

KannaLife Sciences™ signs research and development agreements with Advanced Neural Dynamics and IteraMed for the discovery of novel neuroprotectants.

2013

May 5, 2013

CanChew® Biotechnologies

CanChew® gum, the first commercial product from CanChew® Biotechnologies, launches for sale.

2013

July 14, 2013

HempMeds®

HempMeds® expands its operations, becoming the first ever international sales, marketing and logistics company for the industrial hemp industry.

2013

December 5, 2013

HempMeds®

HempMeds® launches the first cannabis anti-aging skin care line using CBD from hemp.

2013

December 20, 2013

KannaLife Sciences™

KannaLife Sciences™ signs materials transfer and testing agreement with Baruch S. Blumberg Institute, providing access to over 100,000 pharmaceutical plant extracts.

2013

April 18-20, 2014

Kannaway™

Kannaway™, the world's first network marketing company to focus on hemp botanical products, hosts its launch and inaugural convention in Denver, CO.

more
2014

April 28, 2014

MPS International™

MPS International™ wins $250,000 annual security contract with Denver Mart, the largest exhibition facility in the emerging recreational cannabis market of Colorado, for the world famous Cannabis Cup.

more
2014

May 27, 2014

Kannaway™

Kannaway™ attracts over 70,000 enrollees and distributes nearly $1M in commissions in first 88 days in operation.

more
2014

August 4, 2014

Kannalife Sciences™

KannaLife Sciences™, Inc. Signs New License Agreement with National Institutes of Health (NIH) to commercialize U.S. Patent 6,630,507, “Cannabinoids as Antioxidants and Neuroprotectants” (the “‘507 Patent”) for Treatment of Chronic Traumatic Encephalopathy.

2014

January 22, 2015

Medical Marijuana Inc.

Medical Marijuana, Inc. signs definitive agreement to acquire Kannaway™, LLC, based on a $242.7 million valuation by Houlihan Capital.

more
2015

Our Investments

canchewlogo
HempMeds_Brasil_Logo_GHpsd
AXIMSmallLogoTM
cv-sciences
mpsiLogo_20140410
kannalifelogo
MJNA Logo
hempmedslogoR
kannaway_logoTM
cannabankR copy
CannaNative_logo_350x220 (1)

News

June 28, 2017

Medical Marijuana, Inc. Inaugurates First HempMeds® Me...

SAN DIEGO, June 28, 2017 /PRNewswire/ — Medical Marijuana, Inc. (OTC: MJNA) today announced that its subsidiary HempMeds® Mexico inaugurated its first office in Monterrey, Nuevo Leon, Mexico, as demand continues to grow for the Company’s zero-Tetrahidrocannabidiol (THC) Real Scientific Hemp

June 27, 2017

Reuters Features Medical Marijuana, Inc.’s Major ...

NEW YORK, June 27, 2017 — Medical Marijuana, Inc. (OTC: MJNA), the first-ever publicly traded cannabis company in the United States, announced today that its major investment company AXIM Biotechnologies, Inc. (AXIM Biotech) (OTC: AXIM), a world leader in cannabinoid research and

June 26, 2017

Medical Marijuana, Inc. Major Investment AXIM Biotech F...

NEW YORK, June 26, 2017 — Medical Marijuana, Inc. (OTC:MJNA), the first-ever publicly traded cannabis company in the United States, announced today that its major investment company AXIM Biotechnologies, Inc. (AXIM Biotech) (OTC QB:AXIM), a world leader in cannabinoid research and