Sanitas Peak Financial, LLC Announces the Launch of a $50 million Industrial Hemp Private Equity Fund
December 20, 2018
– Move follows President Trump’s Signing of the 2018 Farm Bill,
Legalizing Hemp –
DENVER–(BUSINESS WIRE)–Sanitas Peak Financial, LLC today announced the launch of a $50 million
private equity fund. The fund aims to invest in all aspects of
industrial hemp production including farming, extraction, processing,
laboratory testing and distribution.
With years of investment experience in the hemp space, Sanitas Peak
partners, E. Nicholas Mortimer, Charles Wellso and Zeid Masri leverage
their extensive background in entrepreneurship, capital raising,
underwriting and M&A in support of investment portfolio companies.
Throughout the investment process, Sanitas Peak provides financing and
business consulting services that help hemp farmers, manufacturers and
distributors create more efficient supply chains and operating systems,
thereby improving overall operating results. This holistic approach to
investing serves to create long-term value for investment portfolio
companies and investors, alike. To ensure investor interests are
aligned, Charles and Nicholas invest their own money in every
transaction.
“We’ve been on the ground in Colorado, investing alongside hemp farmers,
manufacturers and distributors for the past two years,” said Charles
Wellso, Sanitas Peak Co-Founder and Managing Partner. “We have an
intimate understanding of the challenges faced by hemp producers and
believe that a hands-on investment approach can help each of our
portfolio companies thrive, while unlocking the incredible potential of
industrial hemp.”
Industrial hemp has long been overlooked for its health, industrial and
agricultural benefits due to regulatory restrictions, as well as a lack
of financing and infrastructure development. This is poised to change
with today’s Presidential signing of the 2018 U.S. Farm Bill. The hemp
market in the U.S. is projected to hit $1.65 billion in 2021, six times
what it is now according to the Marijuana Business Journal. In addition,
federal legalization could triple the overall hemp market to $2.5
billion by 2022, with $1.3 billion of those sales from hemp-derived CBD
products, according to New Frontier Data, a cannabis market research
firm.
“Our experience has shown us that the lack of funding and infrastructure
in the hemp space, has resulted in market fragmentation, inconsistent
production standards and underdeveloped processing and manufacturing
logistics,” said E. Nicholas Mortimer, Sanitas Peak Co-Founder and
Managing Partner. “We believe that by providing both funding and
business support to our investment portfolio companies, we can improve
these inefficiencies and create sustainable value.”
Investors interested in learning more about Sanitas Peak and the new
fund should email info@sanitaspeak.com.
About Sanitas Peak
Sanitas Peak Financial, LLC, is a dynamic partnership committed to
helping companies within the industrial hemp space thrive. Partnering
with clients by investing its own money in each and every deal, Sanitas
Peak uses its expertise to identify strong financial returns for
investors and legitimate capital for borrowers. The company brings
discernment, integrity and honesty to every opportunity, seeking to
activate the vast potential of industrial hemp. For more information, go
to https://www.sanitaspeak.com.
About E. Nicholas Mortimer
Nicholas is Co-Founder and Managing Partner at Sanitas Peak. He is
an entrepreneur and business manager with broad experience in small
business operations, finance, sales and customer service.
Prior to founding Sanitas Peak, Nicholas was a commodity futures,
equities and Forex trader for the past 13 years. In addition, Nicholas
co-founded a unique skincare brand with growing sales in both physical
and online retail environments, which he successfully sold in 2012.
Previously, Nicholas was a manager for JAG Trading Corporation, a firm
on the floor of the COMEX gold futures pit in New York, working with
their high volume, private clients including Goldman Sachs.
Nicholas began his career in finance at Oppenheimer & Co., before moving
to Kleinwort Benson North America in New York, where he specialized in
mergers and acquisitions, valuation analysis, cross border acquisitions
and sale mandates. He was involved in several high-profile transactions
including the Beecham Group PLC’s $16 billion merger with Smith Kline
Beckman Corporation, Pillsbury’s defense against Grand Metropolitan
PLC’s $5.23 billion bid and Harcourt Brace Jovanovich’s defense against
Robert Maxwell’s $2 billion bid.
Raised in Holland, England, Switzerland and Greece, Nicholas received a
BSc in Mechanical Engineering from Duke University and earned his MBA
Summa Cum Laude from the University of Virginia Darden School of
Business. He speaks French, Spanish and Greek.
About Charles Wellso
Charles is Co-Founder and Managing Partner at Sanitas Peak. A 25-year
veteran entrepreneur, Charles has extensive experience in financial
markets, marketing and distribution. Previously, he was a principal at
Cherry Creek Partners, a Denver-based private equity firm that
syndicates investment opportunities in real estate and provides seed
capital to start-ups.
Previously, Charles served as director of business development for
American Property Solutions, a joint venture between Bitzer & L.C.
Fulenwider focusing on bank REO and distressed real estate. Prior to
APS, Charles founded GM Limited, a golf licensing distribution company
with a substantive roster of brands including Reebok, Greg Norman and
Payne Stewart. GM Limited became one of the most successful golf apparel
businesses in Hong Kong and China. Charles sold the company in 1997 and
has continued to profitably invest in, and act as management consultant
to multiple sectors including communications, oil and gas and real
estate – areas to which he brings significant energy and acumen.
Previously, Charles was Regional Marketing Manager for a Hong
Kong-based, Coca-Cola Licensing operation, overseeing the distribution
and marketing in Singapore, the Philippines, Taiwan and Hong Kong;
research analyst for Credit Lyonnais Securities, evaluating potential
investments for British merchant banks and global emerging market funds;
and on the underwriting and debt syndication desk for Kemper Financial
in Chicago, IL.
Charles received a BA from Vassar College and earned an MBA from the
Thunderbird School of Global Management.
About Zeid Masri
Zeid is a Partner at Sanitas Peak Financial and Managing Partner of
SilverHaze Partners, LLC (SHP). Over the past 17 years, he has been
responsible for managing the private equity portfolios for a number of
wealthy families and institutions. He formed SHP in 2000 with the
backing of two other family offices to focus on private equity
investing. Over that time, SHP formed three private equity vehicles,
investing in 15 funds and 25 direct investments. The firm has also
raised several single purpose investment vehicles for certain
opportunistic deals for its partners.
Prior to this, Zeid was a Vice President at Bessemer Trust Company in
the Alternative Asset Management Group and a Principal in the Principal
Investing Group at Alex Brown & Sons Asset Management.
He serves as a Director on the Boards of CommuniKids Holdings LLC and
the National Children’s Museum. He formally served on the Boards of
Downtown Music Publishing, EagleBank, Inc., and Blue Mercury.
Zeid received an M.B.A. from the University of Virginia Darden School of
Business in 1992 and a B.S.F.S. from Georgetown University in 1987.
FORWARD-LOOKING STATEMENTS DISCLAIMER
Past performance is no guarantee of future results. Investing involves
risk, including the possible loss of principal and fluctuation of value.
This document includes statements concerning potential future events
involving Sanitas Peak Financial, LLC (SP) that could differ materially
from the events that actually occur. Many of these factors are beyond
the control of Sanitas Peak and its management. Any forward-looking
statements contained in this document are as at the date on which such
statements were made. Sanitas Peak assumes no duty to update them, even
if experience, unexpected events, or future changes make it clear that
any projected results expressed or implied therein will not be realized.
Annualized, pro forma, projected and estimated numbers are used for
illustrative purposes only, are not forecasts and may not reflect actual
results. The information, statements and opinions contained in this
document do not constitute a public offer under any applicable
legislation or an offer to sell or solicitation of any offer to buy any
securities or financial instruments or any advice or recommendation with
respect to such securities or other financial instruments.
Please consider the charges, risks, expenses and investment
objectives carefully before investing.
Contacts
Erin Passan
Managing Partner
Gagnier Communications
949-922-2112
erinpassan@gmail.com
