Jacob Securities Announce Plans for Cannabis Fund .pdf
Original filename: Jacob Securities Announce Plans for Cannabis Fund.pdf
Title: Jacob Securities Announce Plans for Cannabis Fund
Author: Sasha Jacob
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Jacob Securities Announce Plans for Cannabis Fund
Jacob Securities Inc., top company in the investment baking for renewable energy sector
together with Jacob Capital Management Inc.
Canada -- Free-Press-Release.com -- May 16, 2017 -- Jacob Securities Inc., top
company in the investment baking for renewable energy sector together with Jacob
Capital Management Inc. announced their plans of creating a $50 million fund for the
prospering marijuana sector.
Newly launched Jacob Capital Management Cannabis Fund was said to target both
the private and public investments across the wide global cannabis chain but will
have a particular focus on the United States and Canada. Both firms confirmed
through an announcement that the reason behind for choosing these place is because
of the increasingly legalized use for both medical and recreational of the mentioned
The companies had picked two seniors advisers for the launched fund. First is Cheryl
Shuman, CEO of a PR and marketing firm that focuses in the U.S cannabis industry.
She brings 25 years of experience working with media, celebrities, marketing and
health care in Beverly Hills before she found her passion for the cannabis movement
in 1996 leading her to working as an activist and legal cannabis patient.
The second senior advisor is George Smitherman, a former Ontario health minister,
who is now involved in the medical marijuana sector.He also serves on the boards of
medical marijuana producer THC Meds Ontario Inc. and became a drone maker at
Alta Vista Ventures and mining company Ceylon Graphite.
"Working in concert with leaders in this sector such as Cheryl Shuman and George
Smitherman, we intend to secure the right type of opportunities and resources for
investors in the Jacob Capital Management Cannabis Fund," Sasha Jacob, CEO of
Jacob Securities says.
He then further stated that since it's establishment, Jacob Securities has helped raised
over $90 million in investment and debt capital for the businesses in the North
American cannabis sector. This testifies to the success the firm had accomplished
since it started back in 2006. In this note, this fund is expected to help more people in
Name: Sasha Jacob
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Company: Jacob Securities
Telephone: (416) 875-8395
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