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Chris Leavy told Agri Investor that his previous career experience identifying “undervalued assets in inefficient markets” was motivation for having recently joined MedMen as co-chairman and partner. In fact, it pulled him out of retirement.
Asher Troppe, CEO of Tress Capital, a strategic private equity firm investing in the cannabis sector, spoke to Agri Investor about his firm’s investment strategy as major changes sweep through the sector and create opportunities.
Private investors are becoming less concerned about the complicated stigma surrounding marijuana, recognizing viable – and legal – pathways into the market through existing and emerging funds.
Investments include $4m into the new Bud and Bloom marijuana dispensary in Santa Ana, California.
The AP Investment Fund, focused on real estate investments and lending into the cannabis market, has announced its $12.6m close.
The cannabis industry could grow into a $50bn industry as more US states legalize its recreational use and investors let go of its stigma.
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