Atlanta-based Surterra Holdings filed a Form D with the SEC on December 9th indicating it had raised $10.3mm from the sale of equity to 3 investors, with the first sale having taken place November 8th. According to the Atlanta Business Chronicle, which checked with CFO Jim Whitcomb, Surterra has raised $15mm.
Surterra holds one of the six licenses in Florida’s low-THC medical cannabis program and is headed by CEO Jake Bergmann, a 2009 graduate of Georgia State University who also heads hedge fund Valkyrie Capital, which he founded in 2012. Other officers and directors mentioned in the filing include Wesley Van Dyk, also an employee of Valkyrie Capital, James Whitcomb, Jason Becker, Tom Venables, John Rasmussen and Cameron Champion. Surterra currently operates a single dispensary in Tampa and cultivates and processes in Tallahassee.