Experienced NC money manager not scared to bet millions on cannabis industry
Story Date: 5/18/2022

 

Source: Lauren Ohnesorge, TRIANGLE BUSINESS JOURNAL, 5/17/22


With a recent Gallup poll showing 68% of Americans think marijuana should be legal, a North Carolina fund manager is playing the long game. John Pinto, who heads up cannabis-focused SOJE Capital, sees the marijuana sector as “both a wellness opportunity and as a leisure opportunity.” And – in funneling millions more in recent weeks to funds targeting the emerging sector, according to securities filings – he sees it as a long-term opportunity for returns.

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