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, PI Financial, and Paradigm Capital, 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 an Equity Research Analyst for Stifel Nicolaus, a full service US brokerage and investment banking firm. He brings over 12 years of equity research experience at large US and Canadian banks, as well as executive officer roles within publicly traded companies, leveraging corporate development and capital markets experience. He has been a successful early investor in the cannabis sector.
Mr. Yeung has over 17 years of experience in public markets, private equity, and investment banking. He was formerly the Director of Investments for Second City Capital Partners and the Managing Director of Investment Banking for Casimir Capital. He was most recently an officer of a publicly-traded green technology company. Mr. Yeung is an advisor to a private CBD oil processor from hemp grown by local farmers.
Shares and Convertible Debentures