Uncle Arnie’s has closed a $7.5 million Series A funding round to help expand its THC-infused beverage business.
The round was co-led by Mindset Capital and Delta Emerald Ventures, with participation from strategic investor Harry Rubin, a founding partner of the Boston Beer Company (producer of Samuel Adams beer), who joins the company’s board of directors.
The funding will enable Uncle Arnie’s to nearly double its team from 40 to 75 employees over the next year, expand into new state markets, and deepen its presence in high-performing regions. The company has achieved close to 100% year-over-year growth since inception and projects the same trajectory through 2026.
“This funding marks an exciting milestone as we build on five years of success in the cannabis beverage market,” said Theo Terris, CEO of Uncle Arnie’s. “That experience has given us the brand strength and operational foundation to win in the rapidly expanding hemp-derived THC space — where we see even greater potential for mainstream adoption.”
The company was founded in California in 2020 as a cannabis beverage brand and expanded in 2024 into the hemp-derived THC category.
The company has also been investing in leadership and infrastructure to prepare for its next stage of growth. Most recently, Uncle Arnie’s brought on Chief Marketing Officer Brian Miesieski, a beverage industry veteran of AB InBev, Diageo and SweetWater Brewing Company, to lead brand strategy and national marketing initiatives.
Uncle Arnie’s is now in 16 markets and expanding to three more in the near term.
