Initiative Capital Limited
INITIATIVE CAPITAL LIMITED
Expertise, management and capital for seed-stage to early revenue companies entering, or expanding into, the cannabis industry.
LEADERSHIP DIFFERENTIATORS
Domain Expertise and Industry Leadership
Venture and Fund Governance Experience
Competitive Advantage and Risk Reduction
Co-Managing Director Loudon Owen is the managing partner in McLean Watson ("MW"), the originial Canadian software and IT venture fund. MW's performance was in the upper decile of successful IT venture funds. Loudon and his partner successfully restructured Softimage and sold that firm to Microsoft.
Successful exits in the MW portfolio include: Lavalife, ActivPlant, Brainhunter, Flonetwork, Ntegrator, Sitebrand, Rhea, Databeacon and Savi. Several leading companies remain in the portfolio, including i4i.
Loudon also manages the leading firm providing IP protection and patent defense,through Upstream Partners.
The two MW funds raised $160,000,000 from high-net-worth individuals, private equity firms and institutions, including Teachers, creating more than $1 Billion in value.
Initiative Capital marshals rare subject matter expertise in new high growth space through the successful industry-defining leadership of a founding Licensed producer.
Our industry insider experience, combined with decades of venture success will curate, qualify, structure and optimize deals that permit investors to participate in the broader cannabis industry - not just the volatile LPs.
Our international scope brings geographic/jurisdictional deal diversity, capability and expertise through our collective global experience.
Our investment team and leading advisory board will provide opportunities to drive success to our investee companies, achieve robust exits and create tremendous value.
The opportunity to aggregate assets in anticipation and advance of US federal drug law re-positioning empowers leaders with Iniitiative to build a portfolio where established players may not wish to challenge or extend their risk profile.
Co-Managing Director Hamish Sutherland was the founding COO for Bedrocan Canada, Canada’s 5th Licensed Producer under the MMPR/ACMPR.
Under his leadership and accountability, Hamish grew the business from a standing start (Nov. 2013); was responsible for their state-of-the-art 52,000 sq.ft. fully-automated production facility; managed the first international shipment of live plant matter from Holland to Canada; and worked with the executive team to list on the TSX venture exchange, which ultimately led to being taken private by Tweed for $60 million in August 2015 (now ~$400 million).
In addition to being a certified ISO auditor, Hamish led 50 Health Canada inspections without major observations or a recall.
Cannabis Detail
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Trichome 2Image of a trichome taken on a microscope. Crystalline structure of a glandular, hydrophilic cell in the shape of a mushroom cap. -
TrichomeImage of a trichome taken on a microscope. Crystalline structure of a glandular, hydrophilic cell in the shape of a mushroom cap. -
Trichome 2Image of a trichome taken on a microscope. Crystalline structure of a glandular, hydrophilic cell in the shape of a mushroom cap.
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Germinated SeedA seedling, several days after germination -
Trichome 3Image of a trichome taken on a microscope. Crystalline structure of a glandular, hydrophilic cell in the shape of a mushroom cap.
Initiative Capital combines unique industry expertise and experience with expert fund management. We provide investors with a curated diverse-content investment option through intelligent investment in “picks and shovels” supply industries to the emerging cannabis industry, and operations expertise to producers.
We go below the surface.
INITIATIVE
An initiative is the first in a series of actions.
Initiative is all about taking charge.
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the ability to assess and initiate independently
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the power or opportunity to act or take charge before others do
INITIATIVE is what we take ...
INITIATIVE is what we deliver
Credit: ARCView Market Research