The firm was founded in 2012 by Justin Hartfield and Doug Francis.[4][5][6][7]
Ghost Group targets accredited businesses and investors that are either already involved or have shown interest in becoming involved in the legal cannabis industry.[3][8]
In June 2013 the firm announced the launch of Emerald Ocean Capital fund.[2][9][3][10][11] The market of consumer-facing products, especially software and technologies, will be the focus of Emerald Ocean.[9][3][4][12] After announcing the launch of the fund, Emerald Ocean expressed intentions of raising 10 to 25 million dollars in its first round.[2][3]
Additionally, the capital fund will function as a venture capital incubator, with an 8,000 square foot office facility in Denver, Colorado for select startups.[2][13]
Ghost Group concurrently announced the launch of Ghost Domain Capital, an investment firm specializing in Internet domains.[1][10][11][12]