Welcan Capital

WelCan Capital functions as a venture capital firm, providing capital and strategic support to foundational businesses within the cannabis industry. The firm employs an impact investment approach, targeting high-growth companies that merge financial viability with social responsibility. Its investment philosophy, guided by a 'people + purpose + profits' framework, aims to foster a robust, ethical ecosystem.

Vikas Desai established WelCan Capital in early 2018, driven by the insight to create a specialized investment vehicle for the emerging cannabis market. Desai aimed to foster influential, sustainably developing enterprises, recognizing the sector's unique opportunities. This firm later served as a predecessor to Achari Ventures, upholding investment principles.

The firm's portfolio primarily consists of early-stage and growing companies across the cannabis value chain. WelCan Capital’s vision is to contribute to the responsible maturation of the cannabis industry by backing enterprises demonstrating financial promise and ethical operations. The firm cultivates a principled industry landscape through strategic investments.