Pot Stirs up Private Equity Interest | Middle Market Growth
Posted On April 20, 2020
- A lthough few U.S. private equity funds invest directly in cannabis, the evolving legal landscape and maturation of the industry have generated new interest and raised questions about where and when to get involved.
- Today, he says there are 20 to 25, and they’re raising larger pools of capital $50 million to $150 million funds, compared with $10 million to $15 million funds a few years ago.
- Private equity remains largely on the sidelines, even as cannabis legalization has spread across the country.
- The industry is pretty diverse and requires a lot of attention to understand nuances from state to state, country to country and market to market, Mathews says.
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