Cannabis hedge fund aims to go long U.S. stocks, short Canada


By Kristine Owram Bloomberg Wed., May 8, 2019 A pot-focused asset manager run by the chairman of Curaleaf Holdings Inc. is launching a new hedge fund with an eye to going long on U.S. cannabis companies and shorting Canadian producers. Measure 8 Venture Partners LP is aiming to raise $100 million for the hedge fund, which will go live on June 1, and is also in the midst of raising $200 million for a new venture fund.

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