Newly branded merchant bank, Redfund Capital, will be part of an up-and-coming investor summit in Toronto next week.
The merchant bank, which will focus on the funding of companies, provides debt and equity funding instruments to cannabis companies that require project-specific funding. It will also provide services to cannabis-related companies to help them move towards being publicly listed.
The upcoming summit comprises leader market movers in the marijuana, battery materials and blockchain sub-sectors. There will be more than two dozen company presentations and a range of panels, with experts from around the world.
The InvestorIntel Summits were initially coordinated for the critical materials market and have grown to be a source of rising market stars in Australia, Canada and the United States," said InvestorIntel CEO Tracy Weslosky.
"I loved what our Johannesburg based analyst Lara Smith wrote last week when she wrote, ‘In a time of constant political, social and technological upheaval, new markets are birthed more frequently than ever before; the Buds, Batteries and Blockchain event quite rightly highlights the three major interest segments that overwhelm the retail investment landscape today.’ And Redfund Capital is an example of a company that is inevitably in the right place at the right time.”
The company – designed by bankers and entrepreneurs – provides both debt and equity financing to companies to allow them to expand, without prematurely releasing equity early in the growth cycle.
"We have assembled an amazing team of banking industry experts positioned to build Redfund into a formidable merchant bank focused on the quickly maturing cannabis industry," said chief executive officer, Meris Kott.
"Cannabis 2.0 is here. Our clients are innovative, responsive and already successful and revenue generating. We are not country focused and are looking internationally to work with cannabis trailblazers."