
The Largest Capital Raise in US Cannabis History
by Nick Opich on July 25, 2018 in podcast
Podcast: Play in new window | Download
by Nick Opich on July 25, 2018 in podcast
Podcast: Play in new window | Download
Podcast: Play in new window | Download
In the latest edition of the Green Rush Podcast, Lewis and Anne sit down with George Allen, President of Acreage Holdings, the U.S.’ largest national cannabis operator and brand, to discuss the company’s $119 million funding round, the largest private equity round in U.S. cannabis history. George touches on how raising capital for the cannabis space differs vs. traditional industries and why the company was able to find greater success during this round of funding with high net worth individuals vs. institutional investors. In addition, George provides more insights on the recruitment of Former Speaker John Boehner to join the Acreage board, the valuation of licenses across the country and the pressure Wall Street is putting on the White house to move towards rescheduling cannabis.
George Allen is a seasoned executive with extensive financing and transaction experience, who was previously Chief Investment Officer of Cambridge Information Group (CIG), where he managed a portfolio of private and public direct investments as well as a collection of indirect investments, and founded an internally managed hedge fund focused on global growth equities.Mr. Allen managed corporate development at Blucora, a CIG Investment, guiding the company as it transformed into a successful public leader in its vertical that now operates independently, securing an extremely profitable investment for CIG on its four-year investment. Prior to Blucora, Mr. Allen spent nine years at Warburg Pincus, managing investments in the communication, media and technology sectors, and Goldman Sachs in New York and Hong Kong, where he invested capital in distressed securities.
Links and Mentions:
https://www.acreageholdings.com/
Links to the guest’s company and media accounts:
https://www.facebook.com/AcreageHoldings/
https://www.instagram.com/acreageholdings/
https://twitter.com/AcreageCannabis
https://www.linkedin.com/company/acreageholdings/?originalSubdomain=ca
https://www.linkedin.com/in/gallen97/
Show Credits:
This episode was hosted by Anne Donohoe and Lewis Goldberg of KCSA Strategic Communications
Special thanks to Nick Opich, our Producer, and our Program Director Shea Gunther at Marijuana Today
You can learn more about how KCSA Cannabis can help your cannabiz by visiting www.kcsa-cannabis.com or emailing greenrush@kcsa.com. You can also connect with us via our social channels:
Twitter / Instagram: @KCSA_Cannabis
LinkedIn: https://www.linkedin.com/company/green-rush-comms/
Facebook:https://www.facebook.com/KCSACannabiz/
YouTube: https://www.youtube.com/channel/UCuEQkvdjpUnPyhF59wxseqw?disable_polymer=true
Welcome to the Green Rush, a KCSA Strategic Communications Production, a weekly conversation at the intersection of cannabis, psychedelics, the capital markets and culture. This week Kris Kane and Anne Donohoe return for a new episode with special guest Frank Perullo, Co-Founder and Strategic Advisor at Ascend Wellness Holdings ($AAWH). Frank joins us this week […]
Welcome to the Green Rush, a KCSA Strategic Communications Production, a weekly conversation at the intersection of cannabis, psychedelics, the capital markets and culture. This week Lewis Goldberg and Anne Donohoe are back for a new episode with special guest Nathan Bryson, PhD, Chief Scientific Officer of Reunion Neuroscience. Nathan joins us this week to […]
Welcome to the Green Rush, a KCSA Strategic Communications Production, a weekly conversation at the intersection of cannabis, psychedelics, the capital markets and culture. This week Anne Donohoe and Phil Carlson return for a new episode with special guest Len May, CEO and Co-Founder of Endocanna Health. Len joins us this week to share how […]
Welcome to the Green Rush, a KCSA Strategic Communications Production, a weekly conversation at the intersection of cannabis, psychedelics, the capital markets and culture. This week Anne Donohoe and Kris Krane are back for a new episode with special guest Adam Smith, Founder of Alliance for Sensible Markets. Adam joined us this week to talk […]