Green Acre Capital raises $35 mln-plus for second cannabis fund
Canadian cannabis investment firm Green Acre Capital has launched its second fund, securing more than $35 million in lead commitments. Green Acre Capital Fund II was backed by Aphria Inc, York Plains Investment Corp, Brett Wilson, Craig Lothian and several other wealthy investors. Like Fund I, which raised $25 million last year, Fund II will invest in early- and growth-stage private companies in the medical and recreational cannabis industry. It will source opportunities in Canada and abroad. Based in Toronto and Calgary, Green Acre Capital is led by Managing Directors Matt Shalhoub and Tyler Stuart.
3 August 2018•3 mins read
