Cannabis Investment and Acquisition with Mark Sims of Riv Capital (Best Of)
Listen now
Description
RIV Capital is a cannabis investment and acquisition firm. At RIV Capital, they do more than provide capital – we help build sustainable businesses. their mission is to acquire, invest in, launch, and/or develop U.S. operators and brands across financially and strategically attractive states to create multistate platforms. They have a strong balance sheet, existing domain expertise, strategic relationships, and commitment to making the cannabis industry stronger, faster, better, and smarter. Their goal is to leverage our assets and expertise to accelerate the growth of their investments and acquisitions and return value to their shareholders. Mark Sims is the President and Chief Executive Officer of RIV Capital. Prior to joining RIV Capital, Mark served as Senior Vice President, Strategy and M&A at The Scotts Miracle-Gro Company, one of the world’s leading marketers of branded consumer lawn and garden as well as hydroponic and indoor growing products. In this role, he was responsible for leading the corporate strategy department which provides comprehensive strategy support for strategic intelligence, mergers and acquisitions, strategic planning, and internal consulting. He began his career with Scotts in 2007 and has held positions of increasing responsibility in strategy, M&A, enterprise risk management, process transformation, and IT; including serving as the CIO. Prior to joining Scotts Miracle-Gro, Mark spent 15 years in management consulting focused on business transformation to drive growth and productivity. Mark serves on the Board of Directors of the regional health insurance company SummaCare and the Audit and Compliance Committee of their parent Summa Health. He completed the Advanced Management Program at the Wharton School, has a master’s in Industrial Engineering from Cleveland State University, and a bachelor’s in Industrial and Operations Engineering from the University of Michigan.
More Episodes
David Miller, Chief Strategy Officer at Flow Gardens, joins host Vern Davis to discuss the challenges and opportunities of operating a cannabis business in Tennessee. They also delve into the current state of cannabis legislation, including the potential rescheduling of marijuana and the impact...
Published 01/10/24
Published 01/10/24
Seth Yakatan, co-founder and partner of Yakatan Associates International, shares his journey into the cannabis industry and why he is passionate about working with early-stage startup businesses. He discusses the importance of innovation and the potential for growth in the cannabis sector. Seth...
Published 01/03/24