Legal Cannabis Investing

Hi All,

I received an offer to join a Legal Cannabis-focused PE shop. The fund has ~$70mm of AUM currently, 4 Investment Professionals (3 Ex-Mega-Fund Partners and 1 Associate), and 5 portfolio companies. They're in talks with some big Anchor investors and in the process of closing their fundraise (~$150mm on the cover).

I currently work in MM PE at a reputable shop and this would be a big career switch for me. My current program is a 2-year-and-out gig and this new opportunity is Partner-track.

Thoughts on this opportunity?

 

Hi F1, no, I never sleep and so I can respond to any lonely threads (like this one) at all hours of the night. Impressive, I know ;-)

  • so how was everyone's 4/20? I stayed 100% legal:) marijuana weed pot harry potter ...
  • The Biggest Deal in the Marijuana Industry: An Alcohol Company Looking for Growth any of you guys invested in Constellation Brands or Canopy Growth? More Information: Legal cannabis is ... wine, has invested $4 billion in Canopy Growth (NYSE: CGC), a Canadian cannabis producer, in what is the ... has formed a joint venture with Hydropothecary, a weed producer, to make cannabis-infused beverages. ...
  • Cannabis should be legal? think about CANNABIS? Will it ever become legal in ALL FIFTY STATES? marijuana to Sunday, August 6, ... In this recent poll, only 14% of Americans thought MARIJUANA should be ILLEGAL. What do you all ...
  • First Pot Focused Fund Allows Americans to Invest Over the past few years it has been very difficult to try an invest in the legal marijuana ... North American Medical Marijuana Index as a benchmark. Anyone looking at trying to invest in either this ... or any of the companies the ETF is holding? I have been following investments in the marijuana market ...
  • Quitting finance for weed services for good," he said. Becoming a cannabis entrepreneur by investing in Honest Marijuana While ... laboring to grow the business during the recession, he noticed that many states had legalized cannabis for ... a consumer, but from my time in med school." Fast forward to today, and medical marijuana is legal in 25 ...
  • Marijuana Overdoses Kill 37 in Colorado On First Day of Legalization ""Colorado is reconsidering its decision to legalize recreational pot following the ... step in and stop this madness. My god, why did we legalize marijuana? What were we ... thinking?""" http://dailycurrant.com/2014/01/02/marijuana-overd... marijuana weed deaths ...
  • Marijuana, Inc IPO marijuana industry. : The legalization of medical marijuana-- permitted in at least 15 states-- has ... industry. Would you guys invest in either of these companies? ipo marijuana medical ... and General Cannabis Inc. (CANA) compare the phenomenon to the California gold rush, when the people ...
  • Thinking of entering the Cannabis Craze? marijuana stocks is completely contingent upon an individual's risk tolerance and investment style in ... against investing in Cannabis related stocks **GOVERNMENT REGULATION. ** Despite Canada announcing that ... pot will be legalized on October 17th of this fall, there is still a lot of backlash against this ...
  • More suggestions...

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