Livingstone Partners introduced a new affiliate focused exclusively on the cannabis industry. The new affiliate is called Sharp Capital Advisors and is set to provide industry transaction advice, the Chicago-based company noted Tuesday. Livingstone’s co-founder and Managing Partner Stephen Miles will lead the boutique advisory firm. The seasoned investment banker, who has over 25 years of experience in M&A and placements of institutional debt and equity, said that “access to experienced financial professionals will increase exponentially in importance,” as the cannabis industry matures. Steven Ernest, who serves as Managing Partner in Chicago, said that the new firm will not be “transactional by nature.”
Mmp News Author, Medical Marijuana Program Connection, 09/15/2020 15:51:20