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Jacob Securities Announce Plans for Cannabis Fund

Sasha Jacob had been leading the advisory banking sector. Upon the founding of Jacob Securities Inc. followed by the launching of Jacob Capital Management Inc., they continue to cater financial needs for the renewable power and infrastructure sector. Since its establishment, the firm had helped raised over $90 million of capital for companies. Sasha Jacob is now planning to expand its audience as he announced the plan of creating a cannabis fund. The fund is expected to target both public and private investments across the global cannabis chain. It will also cater the needs of those in the United States and Canada.

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Jacob Securities Announce Plans for Cannabis Fund

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  1. 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 drug. 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 the future. Contact Information: Name: Sasha Jacob Page 1 of 2

  2. Company: Jacob Securities Telephone: (416) 875-8395 Page 2 of 2 Powered by TCPDF (www.tcpdf.org)

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