Nesta unveils "world's first" cannabis streaming company
Chuck Rifici, CEO of Canadian cannabis private equity firm Nesta Holding, has launched Cannabis Wheaton Income Corp, the "world's first" cannabis streaming company. Cannabis Wheaton will provide financing and advice to streaming partners, consisting of licensed cannabis producers, in exchange for a minority interest and allocation of the producer's yield at an agreed upon price. The firm said it has so far entered into agreements with 14 streaming partners in Canada. Karamdeep Nijjar, partner at Canadian venture capital firm iNovia Capital, sits on the company's advisory board.
8 May 2017•3 mins read
