JW Asset, ex-athlete launch $100M fund for marijuana minority businesses

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New York fund manager JW Asset Management is teaming up with former NBA All-Star Chris Webber to launch a planned $100 million private equity fund that will invest in underrepresented marijuana entrepreneurs. A spokeswoman said $100 million is the fund’s target, and a “large portion” has been committed. The group declined to be more specific. […]

JW Asset, ex-athlete launch $100M fund for marijuana minority businesses is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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