Cresco Capital Partners Closes Oversubscribed $60M Cannabis Fund

Private equity firm Cresco Capital Partners announced Thursday that it closed a $60-million oversubscribed cannabis fund, the CCP Fund II.

What Happened 

Cresco surpassed its $50-million goal for the fund, Matthew Hawkins, Cresco’s managing principal, said in a statement. 

“With the overwhelming success of CCP Fund II, we are preparing to begin marketing a third fund in which we hope to raise $200 million. This fund will continue to target investments in value-add opportunities in the legalized cannabis space both plant touching and non-plant …

Full story available on Benzinga.com

More Cresco Capital Partners Closes Oversubscribed $60M Cannabis Fund