Dope fund eyes JSE listing
SilverLeaf is looking to raise R50m for new cannabis-related opportunities, but says R20m is all it really needs to get the balling rolling. It plans to use the tax-efficient 12J investment structure which, it hopes, will allay SA investors’ lingering perceptions of risk related to cannabis investments
SilverLeaf Investments, a recently launched cannabis-focused fund, is taking its first steps on a journey that could hit full stride with a JSE listing.
SilverLeaf has rushed in a seed capital fundraiser to capitalise on cannabis-related opportunities, using the tax-efficient 12J investment structure. The initial investment floor has been set relatively low with a minimum investment of R50,000, which could attract younger, first-time investors in the first round of funding...