Tuatara: (tu·a·ta·ra), (Sphenodon punctatus)
noun: tuatara; plural noun: tuataras
A nocturnal, burrowing lizard-like reptile with a crest of soft spines along its back, confined to some small islands off New Zealand.
The word “Tuatara” is a native Maori word meaning “peaks on back” or “spiny back”. In the oral history of the Nation of Waitaha, one of the oldest Māori tribes and natives of the South Island of New Zealand, Tuatara were viewed by the Waitaha people as the Keepers of Knowledge, and the Guardians to the trails of the realms of the mind and spirit that gave the Maori people life. Tuataras live up to 100 years in the wild and their most curious physical attribute is a “third eye” on the top of the head, often viewed symbolically as being prophetic. Since being conjured up by man, the word Tuatara has taken on many meanings. Today, our interpretation of the meaning and symbolism of the word “Tuatara” is embedded in the Mission Statement and Vision of Tuatara Capital:
“Possessing the foresight and determination to adapt and prosper in a transformative industry.”
Tuatara Capital, L.P. was founded in 2014 as a specialized alternative investment manager to exclusively focus on the legal cannabis industry. The Founders firmly believe that Tuatara’s success is rooted in the principle that: “Great People Build Great Businesses”. Tuatara will support dynamic entrepreneurs and managers by providing capital, strategic advice, and unfettered access to the Tuatara network of relationships.
Tuatara Capital seeks to partner with exceptional people, of the highest integrity, who have a strong desire to be trailblazing innovators. Tuatara invests in companies with strong financial profiles and sound business models that are well-positioned to benefit from the long-term growth trends within the rapidly evolving cannabis sector. Tuatara’s portfolio companies are market leaders who can adeptly navigate the rapidly evolving regulatory frameworks, and strong operators whose practices help to instill excellence in the burgeoning legal cannabis industry.
Tuatara Capital makes investments in market-leading companies operating in the legal cannabis industry. Tuatara Capital will only support companies operating legally in states with cannabis regulatory schemes that comply with the guidance that has been issued by the U.S. Department of Justice. Tuatara Capital will partner with legal cannabis companies who are category-defining leaders and are helping to drive the successful evolution of the legal cannabis industry.
Areas of Concentration
Tuatara Capital explores investment opportunities throughout the legal cannabis industry supply chain from genetics to consumer consumption. Tuatara will initially deploy capital across four distinct sub-sectors within the cannabis industry: