In this episode of CannaCast, Eric Altstadter, Partner and leader of EisnerAmper’s Cannabis and Hemp Group, speaks with John Lykouretzos, the Chief Executive Officer of Focus Growth Asset Management LP, an investor in the cannabis industry. The two discuss the capital needs of the industry and the experiences of a cannabis investor.
Eric Altstadter:
Thanks for tuning into this episode of CannaCast. I'm your host, Eric Altstadter, EisnerAmper's National Cannabis and Hemp Practice Leader. Please welcome my guest, John Lykouretzos, the chief executive officer of FocusGrowth Asset Management, LP. FocusGrowth Asset Management, LP. was founded in 2019 and endeavors to be a high quality capital partner in the cannabis industry, fueling growth of leading cannabis businesses and management teams. FocusGrowth is exclusively focused on brick and mortar businesses in the legal cannabis industry. Before co-founding FocusGrowth, John ran a long-short equity hedge fund called Hoplite Capital, which he started in 2003 with 88 million of assets under management, and grew it to nearly $4 billion. John started his career at Goldman Sachs and spent time at Tiger Management and Viking Global Investors. Prior to that, he graduated from Yale University with a bachelor's degree in economics and international studies. Welcome, John.
John Lykouretzos:
Good morning, Eric. Thanks for having me this morning.