EPISODE #167 Building A Cannabis Investment Thesis with Helene Servillon, Fund Manager at JourneyOne Ventures
This week, we’re joined by Helene Servillon, Founding Partner at JourneyOne Ventures - woman and minority owned early stage cannabis fund.
We explore some of the current cannabis investment themes in the USA, core sectors of the market where innovation is desperately needed, and how to approach cannabis investments in an ecosystem which is so fragmented.
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The Cannabis Conversation is sponsored by Lumino - a boutique HR and Recruitment Agency specialising in building high performance teams for the European Cannabis Industry. They work in three main verticals: Commercial, Medical and Plant Facing.
Get in touch at www.luminorecruit.com/
About Helene Servillon
Helene Servillon is the Founding Partner of JourneyOne Ventures, a 100% woman and minority owned early stage cannabis fund that invests in founders with prior executive-level management experience in cannabis or tangential industries. The JourneyOne team has 45 years of combined cannabis expertise and is focused on uncovering the biggest pain points in the industry. They are focused on investing in the most venture-scale sectors of the market which includes tech, tech-enabled services and companies with unique IP.
She is also a Senior Advisor to Bowen's cannabis practice, a Boston based investment bank with a 20 year track record in capital raise advisory and buy-side and sell side M&A. Their cannabis practice covers tech, licensed operators, and ancillary services.
0:00 Welcome to The Cannabis Conversation
02:58 Helene’s professional background
05:42 Did you encounter any stigma when you decided to get into cannabis?
7:19 About JourneyOne Ventures, what businesses and industry sectors they invest in
11:35 The biggest pain points in the cannabis market
12:49 Helene’s role leading the Cannabis team at at Bowen (growth-tech investment bank)
17:36 Being a female founder and a minority within the cannabis space
22:49 How to build a cannabis investment thesis
31:20 How important is your network when building an investment portfolio?
33:45 Are you looking to invest in other durastrictions beyond the US?
34:45 What are two disappointments and two upcoming opportunities within the cannabis market in Europe?
“Relative to the overall category of venture capital, the cannabis industry's still living in ancient days, when it comes to diversity”
Connect with Helene on LinkedIn: https://www.linkedin.com/in/hservillon/
Follow JourneyOne Ventures on LinkedIn: https://www.linkedin.com/company/journeyone/
Follow JourneyOne Ventures on Twitter: https://twitter.com/JourneyOneVC
JourneyOne Ventures’ Website: https://www.journeyone.vc/