Pelorus Capital Group Launches Growth Equity Strategy to Capitalize on Generational Equity Ownership Opportunities Across Cannabis Sector
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9:15 AM on Tuesday, September 23
The Associated Press
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Sep 23, 2025--
Pelorus Capital Group (“Pelorus” or “the Firm”), a leading asset management firm specializing in the cannabis sector, today announced the launch of the Pelorus Growth Fund (the “Growth Fund”), a first-of-its-kind equity-focused investment fund structured and designed specifically to invest in and build industry-leading cannabis operating businesses equipped to capitalize on the consolidation wave in the industry.
The Growth Fund, which is an offering up to $1 billion in capital, will build off Pelorus’ experience lending to businesses in the cannabis industry and complement the existing Pelorus Fund, a private mortgage real estate investment trust structure offering a range of innovative transactional solutions to address the diverse financing needs of real estate investors and portfolio managers. Pelorus has seeded the Growth Fund with a portfolio of cannabis-use business assets secured through and spun out of current Pelorus real-estate investments. The fund will have a mandate of investing in and building industry leading cannabis operating businesses and developing market-leading platforms capable of capturing the current wave of consolidation in the industry. As part of this, Pelorus will partner with best-in-class management teams to both run and repurpose assets, enabling it to pursue additional value-add and operational turnaround opportunities.
“The launch of the Growth Fund signals the next stage of both our evolution at Pelorus and the evolution of the wider cannabis industry,” said Dan Leimel, Chief Executive Officer at Pelorus. “As we have invested in and partnered with businesses in the cannabis sector over the past ten years, we have witnessed firsthand how even the best companies with leading assets and management teams have been severely impacted by broader market compression. Despite these conditions, best-in-class companies in the sector have and will continue to find ways of operating profitably and growing sustainably. Looking ahead, we believe we are entering a generational opportunity in the market’s maturation, driven by a number of factors including [the potential / recent Federal rescheduling and] significant debt maturities due in the industry in 2026. Our deep experience as a lender in this space provides us the insights and understanding to capitalize on that opportunity, positioning us to identify the strongest businesses and actively reposition underperforming assets for the benefit of our LPs.”
“We are excited to launch the Pelorus Growth Fund at such an opportune time in the market,” said Rob Sechrist, President at Pelorus. “As the industry continues to evolve, leading cannabis businesses are positioned to build as much customer loyalty as successful alcohol brands, presenting a truly extraordinary opportunity across for investment across the sector. With this one-of-a-kind equity approach to cannabis investing, combined with our leading proprietary dataset, lasting track record of underwriting the industry and ability to understand what has been effective in leading workouts of underperforming assets, we are uniquely qualified to not only to pick future leaders in the space, but to help effectuate the execution strategy needed to realize the significant upside potential in these assets.”
To support the launch and investment execution of the Growth Fund, Pelorus has named a team of experienced advisors, comprising seasoned executives including, cannabis experts and entrepreneurs, real estate investors and legal professionals. These advisors, which include, among others, a co-founder of an industry leading MSO in the Cannabis sector, a former principal at top international private equity firms and a seasoned equity investor who has raised and allocated more than $150 million in cannabis equity investments, will help review and manage the Growth Fund and be deployed to assist portfolio company assets.
Pelorus Capital Group has been actively investing in the cannabis sector since 2016, completing more than $500 million in cannabis-related transactions and launching its stabilized lending program in 2021. In addition to the REIT Strategy, Pelorus has developed the Pelorus Data Project, which includes proprietary data compiling numerous financial and operational data points on cannabis portfolio companies representing more than 21,000 businesses, 31,000 licenses and 133 million square feet of cultivation.
Pelorus President Rob Sechrist recently appeared on The Dales Report Podcast to discuss the Growth Equity Strategy, the recording of which can be found here.
About Pelorus Capital Group
Pelorus Capital Group (“Pelorus”), is a leading asset management firm specializing in the cannabis sector. Founded in 2016, the firm deploys two strategies to capitalize on opportunities in the cannabis industry. The Pelorus Fund, a private mortgage real estate investment trust structure (“mREIT”), is a leading provider of commercial real estate loans for the cannabis sector. The Pelorus Growth Fund is a first-of-its-kind equity-focused investment fund structured and designed specifically to invest in and build industry-leading cannabis operating businesses equipped to capitalize on the consolidation wave in the industry. Since 1991, Pelorus’ principals have participated in more than $5B of real estate investment transactions using both debt and equity solutions. To date, Pelorus has completed 70+ commercial real-estate loan transactions and deployed more than $500 million in capital to cannabis businesses and real estate owners, comprising nearly 4,200,000 sq. ft. in eight states across the U.S.
For more information, visit https://peloruscapitalgroup.com.
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CONTACT: ASC Advisors
Taylor Ingraham / Max Rayden
203 992 1230
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: FINANCE CANNABIS NATURAL RESOURCES PROFESSIONAL SERVICES ASSET MANAGEMENT
SOURCE: Pelorus Capital Group
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PUB: 09/23/2025 09:15 AM/DISC: 09/23/2025 09:16 AM
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