Redfund Capital sets off on new US-focused investment plan with hiring of strategic advisors
Cannabis financier Redfund Capital Corp (CSE:LOAN) said Thursday that it has recruited Wingspan Advisors and leading marketing expert Jerry Hug as it kicks off a new US-focused investment plan.
Hug will be Redfund’s first advisor to its newly-formed US advisory team and will work on positioning the cannabis investment company in the US market.
READ: Redfund private placements of C$1.7 million and C$1.4 million among key 2018 milestones
The Redfund team intends to focus on the CBD and hemp sector as it looks to target new investment opportunities in the US.
Hug’s first project will be to help to set up a working relationship with US partners for Redfund’s current portfolio companies.
READ: Redfund Capital arranges strategic alliance for two portfolio clients
“Redfund Capital is converting our strongest portfolio client loans into equity company positions this month,” said Redfund CEO Meris Kott in a statement. “As we build our American footprint, the Company has also begun our application to the OTCQB. We are excited to welcome Jerry to our team and his input and experience will be an invaluable asset to our growth.”
Hug is currently director of global operations for Cloud Commerce, a data-driven marketing company, in the US. Previously, he was also CEO of SITO Mobile, a mobile advertising company where he was instrumental in winning an uplisting to the NASDAQ market.
Based in Vancouver, Redfund provides debt and equity funding in the mid-to-late stages of a target cannabis company’s development. Its focus is on companies specializing in medical cannabis as well as healthcare and hemp and CBD-related products.
RedFund shares held steady at C$0.26 in Thursday’s morning trading.
Contact Ellen Kelleher at [email protected]
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/214201/redfund-capital-sets-off-on-new-us-focused-investment-plan-with-hiring-of-strategic-advisors-214201.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).