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Initiative Capital Ltd.

VC · Toronto · Canada

Address
Ste 1200, 141 Adelaide St. West, Toronto, ON, M5H 3L5
Email
Website
LinkedIn
Founded
2016
Ticket
$0-1 m

Stages

SeedSeries A

Investment region

North America

Industries

CannabisPharmaceuticalsMarketing and AdvertisingHealthcare Services

Profile

Initiative Capital Ltd. is a venture capital firm based in Toronto, focusing on the cannabis industry. Founded by industry veterans, the firm blends deep cannabis production expertise with financial and intellectual property acumen. The team includes Hamish Sutherland, the ex-COO of Bedrocan Canada, and Loudon Owen, a co-founder of McLean Watson Capital. Their industry knowledge and diverse skill set offer a valuable advantage to portfolio companies in this highly regulated market. The firm specializes in seed-stage to early revenue companies within the cannabis industry, emphasizing strategic growth that can lead to public offerings or acquisitions. Initiative Capital operates primarily in Canada and provides expertise in curating, qualifying, structuring, and monetizing investment opportunities. Their investment approach is designed to appeal to those interested in the broader cannabis market beyond publicly traded licensed producers (LPs). Notable figures in the team include Michael Miller and Steven Looi, both having significant experience in venture capital and the cannabis sector. Michael Miller is recognized for his advisory role to early-stage firms, while Steven Looi brings an entrepreneurial background, having launched and exited ventures in Canada and China. The firm does not list specific portfolio companies on its website.

Contatos (2)

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Managing Partner
Managing Partner

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