CannaIncome Fund is a private investment company focused on the cannabis and cannabis-related sectors. Our aim is to provide yield and capital appreciation upside, via valuation arbitrage opportunities primarily between private and public markets.
We leverage our collective industry and capital markets experience to find early-stage cannabis-focused companies in US and Canada, with a niche product and/or a sustainable competitive advantage.
Our goal is to work with, and advise, companies to find capital solutions which expedite their path to positive cash flow. Although not a requisite for all investments, our bias is to find instruments where we rank higher in the capital structure with distributions that occur before taxes (reducing taxable events for companies).
Mr. Kwan began his investment career in 1997 with TD Asset Management and brings over 18 years of investment banking, capital markets, and private equity experience. He has since held increasingly senior investment banking positions with Scotia Capital, Peters & Co., and PI Financial, where he was Managing Director, Investment Banking. Mr. Kwan has been involved as an investor, financier, and advisor to several early-stage cannabis companies and is a director of several cannabis companies, including High Tide (CSE:HITI) where he also sits on the Audit Committee .
Mr. Zuk was formerly the Capital Markets Advisor for Blackbird Energy (TSX-V:BBI) where he assisted the company in becoming the best performing Canadian oil and gas stock in 2016, as well as raising $25 million in equity capital. Prior thereto, Mr. Zuk was an Equity Research Analyst at Stifel Nicolaus (NYSE:SF) where he developed a proprietary valuation methodology that helped earn him a top-10 Starmine Analyst ranking based on absolute and excess return for two years. Mr. Zuk also has equity research experience at TD Newcrest and Raymond James, working alongside a top-ranked analyst in the junior and senior oil and gas producer sector.
Mr. Ross has over 20 years’ experience in venture capital and marketing for small to mid cap cannabis, mining, and technology companies. He was a Director of Fission Uranium (TSX:FCU) from 2013 to 2017, during which it was named a Top 50 TSX-V company for its performance. Mr. Ross is currently a director of SpeakEasy Cannabis (CSE:EASY).