Announced
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Synopsis
JW Asset Management, an investment advisory firm, completed the $20m investment in Gage Cannabis, high-quality craft cannabis brand and operator in Michigan. "JW Asset Management is widely recognized as one of the premier investors in the cannabis sector. Their participation provides Gage with a strong balance sheet that enables us to further establish our brand in one of the fastest-growing cannabis markets in the United States. We are confident in executing on our 2021 goals, driven by the growth of both the cultivation and dispensary arms of our business. We are fortunate to have developed a strong relationship with JWAM and are grateful for their support as we capitalize on the opportunities ahead in Michigan," Fabian Monaco, Gage President.
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