Investor Ryan Ansin estimates that only 10% of companies have the right management team in place. After starting to explore cannabis investing in 2014, he has invested in 13 plant-touching and ancillary companies.
“It’s no different than any other industry. Have these people worked together before? Have they been in the foxhole before?” said Boston-based Ansin, former president of the Family Office Association and co-founder and chief strategy officer of Revolutionary Farms, a vertically integrated business.
As a limited partner in two cannabis-focused funds, he added that sometimes founders must make personal sacrifices for the
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