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Stock impact report

KEY Investment Partners Announces First Close of Second Flagship Fund, Expansion of Advisory Board [Yahoo! Finance]

Canopy Growth Corporation - Common Shares (CGC) 
Company Research Source: Yahoo! Finance
DENVER, April 16, 2024 (GLOBE NEWSWIRE) -- KEY Investment Partners announced today the first closing of its second flagship fund from accredited investors, in addition to the expansion of the firm's advisory board with two new members, David Culver and Eula Adams. “While tough capital markets and regulatory challenges have been obstacles for the industry over the past couple of years, we believe there are high times ahead in cannabis,” said Tiby Erdely, Founding Partner at KEY. “We remain well positioned to capitalize on a maturing industry as regulatory tailwinds pick up at both the state and federal levels.” The closing allows KEY to continue to deploy capital with a disciplined focus on industry-leading companies being led by exceptional management teams across both the ancillary and plant-touching subsectors. According to Erdely, KEY will continue to focus on opportunities in North America and will look to lead and structure the opportunities the firm pursues. “Valuations a Show less Read more
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