The investment fund will invest in firms at different points of the cannabis value chain
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Green Acre Capital (GAC) has launched the Green Acre Capital Fund. Restricted to investments in the legal cannabis industry, the fund can invest in vehicles offered in Canada, the US, or other international countries.
The Green Acre Capital fund was founded by a team of entrepreneurs with a solid track record of early investment success in the sector. Managing Directors Matt Shalhoub and Tyler Stuart lead the team; the board of advisors includes York Plains Investment Corp. Managing Director Shawn Dym; Tokyo Smoke co-founder Lorne Gertner; and Aphria Chairman and CEO Vic Neufeld.
York Plains Investment and Aphria have both made investment commitments in GAC and new investment commitments continue to be made in the fund. “The goal of the fund is to build a diversified portfolio of the most compelling cannabis investment opportunities across numerous verticals within the industry,” said Stuart. “The focus will predominantly be on investing in private companies.”
Shareholders will benefit from the team’s extensive operating and management experience, along with their deep-rooted strategic relationships with cannabis pioneers and leaders. “The legalization of cannabis offers a rare opportunity to invest in what will quickly become a multi-billion-dollar industry, as demand shifts away from the black market,” said Shalhoub. “The fund plans to deploy capital, and leverage the experience of its leaders and advisors to help companies in the space succeed.”
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