A Smarter Approach to Cannabis Investing
About
Sun Theory

OUR MISSION IS TO BE THE WORLD'S MOST TRUSTED PIONEER IN PLANT-BASED SOLUTIONS FOR HEALTH, WELLNESS, AND QUALITY OF LIFE
Sun Theory is positioned at the forefront of the rapidly expanding cannabis industry with a clear focus on health and wellness. We recognize the potential for cannabis to transform personal well-being and are committed to building life-enhancing experiences and products through strategic acquisitions and operational excellence.
SPV II: Launch Date: 2023
Holdings:
- 6 Dispensaries
- Dialed In… CO
SPV III
Launch Date: 2024
Holdings:
- 8 Dispensaries
- Dialed In… OH
- Dialed In… MO
- Hemp MFG
2016
250
45
8
$28 Million
$94 Million






Investment Approach
A Smarter Approach to Cannabis Investing

Alpha Creation
Strategic investments where operational superiority can drive alpha

Cash Flow Generation
Focus on free cash flow generation and defensible positions in markets

Predictable Returns
Provide industry-leading yields and predictable cash distributions for LPs

Portfolio Stability
Blended portfolios with stability & powerful EV appreciation potential
Leadership
Meet Our Team

Connor Oman
CEO, Co-founder, Board of Directors
Connor Oman is a seasoned investor and operator with a track record of founding successful companies, Oman possesses unique experience across multiple industries, including venture capital/finance, hospitality, real estate and the regulated cannabis industry. Prior to co-founding Sun Theory, Oman was an investment analyst at TCG Holdings, an investment firm with $3 billion in assets.
Oman oversees Sun Theory’s operations, bridges communication between the board and executives, and leads acquisitions by identifying sound, well-managed market expansion opportunities to capitalize on shifting markets.

John Constantine
Co-founder, Board of Directors

Mark Adams
Co-founder, Board of Directors

Scott Lewis
Chief Operating Officer

Matt Melander
President
Matt transitioned from a successful financial services career to entrepreneurship, founding LEVIA, a cannabis beverage leader sold to AYR Wellness in 2022. He continues building plant wellness brands, partnering with Cisco Brewers and Arnold Palmer Enterprises. Based in Marblehead, MA, with his family, Matt also supports community businesses, Slacktide Development LLC, and the Bruyette Family Foundation, focusing on Nantucket real estate and philanthropy.

Roland Lopez
Chief Financial Officer
Roland Lopez is a seasoned financial leader with three decades of experience driving growth, operational excellence, and financial transformations. He has led over $7 billion in M&A transactions and worked with Fortune 100 firms like Dell and Sprint, as well as TPG Capital. He specializes in complex restructuring, post-merger integrations, and aligning strategies with organizational goals. Known for building teams, he excels in global operations, board leadership, and stakeholder relationships.
Sun Theory
News & Updates
Media Coverage
The Latest Trends in Cannabis Retailing
The cannabis industry is in a state of constant evolution, with retail playing a pivotal role in shaping the consumer experience.
Today’s Cannabis Consumer: Who They Are and What Drives Them
In recent years, the landscape of cannabis consumption has undergone a profound transformation. No longer confined...
Sun Theory Holding Co. Acquires Retail Operations of Terrapin Care Station in Colorado | Ganjapreneur
Sun Theory Holding Co. on Monday announced it has acquired the Colorado retail operations of Terrapin Care Station, including five retail dispensaries.
Sun Theory acquires Colorado’s Terrapin Care Station stores | mg Magazine
“This expansion in Colorado underscores our objective of aligning with businesses that have demonstrated sound...
Sun Theory marijuana operator acquires Terrapin’s Colorado stores | MJBizDaily
Denver-based vertically integrated marijuana operator Sun Theory Holding Co. acquired five of Terrapin Care Station's Colorado stores.
Southern Colorado Cannabis Group Acquires Dialed In Rosin Edibles | Westword
Already available in around 550 stores across the state, Dialed in quickly became one Colorado's most popular THC...
New ownership coming to Roots RX shops valleywide | aspendailynews.com
“We are acquiring the Roots RX portfolio — so that’s Aspen, Basalt, Edwards, Eagle-Vail, Leadville and Gunnison,”...
Press Releases
Sun Theory Holding Co. Taps Top Industry Executive Icons to Lead a Retail and Sales Revolution in the Cannabis Industry
New VP of Retail Blythe Huestis and VP of Sales Kevin Schultz bring more than two decades of industry experience to the rapidly expanding Sun Theory portfolio of companies
Colorado Consumers Clamoring for Better Sleep Now Have an Innovative New Way to ‘Dial Out’
Formulated to quickly aid with sleeplessness, Dialed Out by Dialed In Gummies features a 1:1:1 ratio of THC, CBD...
The Latest Trends in Cannabis Retailing
The cannabis industry is in a state of constant evolution, with retail playing a pivotal role in shaping the consumer experience.
Today’s Cannabis Consumer: Who They Are and What Drives Them
In recent years, the landscape of cannabis consumption has undergone a profound transformation. No longer confined...
Sun Theory Expands Retail Presence through Acquisition of Five Denver-area Terrapin Care Station Locations
Acquisition of dispensary locations makes Sun Theory one of Colorado’s most prominent operators; Terrapin to focus on expanding operations in Pennsylvania.
Sun Theory and Dialed In Unite: Merging Strengths to Bring Premium Products to More Patients and Consumers
DENVER, CO, USA, August 15, 2023 -- Sun Theory, the leading vertically-integrated cannabis company based in Denver,...
Media Kit
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