Schottenstein Group

The Schottenstein Group is a diversified private investment and management firm based in Columbus, Ohio, primarily known for its leadership in the retail and real estate sectors through brands like American Eagle Outfitters and Designer Brands. In the life sciences and healthcare space, the group has made significant strategic moves, particularly in the medical cannabis industry through joint ventures with Liberty Health Sciences and Aphria to secure cultivation and processing licenses. These ventures were established to operate medical cannabis facilities in Ohio, including the Mad River Remedies dispensary. Additionally, the group's investment arm, Schottenstein Family Capital, provides venture funding to innovative biotechnology startups such as Tidal Vision, which focuses on sustainable biomaterials. While not a traditional pharmaceutical developer, the Schottenstein Group acts as a significant institutional investor and operational partner in the emerging healthcare, wellness, and biotechnology markets.