Keneh Ventures (KV) is a private equity management company which has originated the Keneh Ventures a series of funds to invest in a collection of strategic portfolio assets. KV Funds are hyper-focused investment vehicles which deploy capital in the ancillary cannabis space, including data, marketing, packaging, software, cannabis tourism, content providers, media, health and wellness startup companies, CBD, fulfillment, and real estate businesses.
These companies provide support to the space, but will not include cultivation or manufacturing of cannabis containing THC above 0.3%, per the Agricultural Improvement Act of 2018 (the “2018 U.S. Farm Bill”). KV's investment model along with our team’s expertise in both cannabis and private equity, as well as an awareness of cultural trends, media, marketing, and market analytics, enables our portfolio companies to reach their targeted consumers effectively.
86% of Americans live in a state that allows some degree of marijuana use. Between 2015 and 2017 the US legal cannabis industry soared 73.5% from $4.9B in sales to $8.5B in sales. Based on the latest estimates from ArcView Market Research, The legal cannabis market is expected to maintain double-digit growth for the foreseeable future growing to $32B in sales internationally by 2022, assuming a compound annual growth rate of 30.74%. With the inevitable addition of future states and countries passing cannabis legislation, the adult use recreational and medical markets should dramatically exceed these expectations.
“The only consumer industry categories I’ve seen reach $5 billion in annual spending and then post anything like 25% compound annual growth in the next five years are cable television (19%) in the 1990s and the broadband internet (29%) in the 2000s.” ~Tom Adams, Arcview’s editor-in-chief
- States With Recreational Legislation
- States With Medical Legislation
Our strategy is to deploy capital for ancillary cannabis nascent startup companies, media companies and content providers to market, brand and cross-promote our acquired assets across multiple platforms. By utilizing our media partners, we are able to offer our assets unique competitive leverage in the cannabis space.
Exposing our portfolio assets to targeted demographics before, during and after our products launch, enables our investment affiliates to gain a competitive advantage. The creation and utilization of this unique strategy differentiate's KV and our clientele and advances our visibility throughout the industry.
Chief Executive Officer:
Andrew Laub, Chief Executive Officer and Co-founder of Keneh Ventures, has more than 24 years of experience in senior management positions. Laub Realty owns and operates residential, commercial and medical buildings comprising a portfolio of owned properties, totaling more than $750 million. As a managing owner of Laub Realty, he was responsible for overseeing more than 40 superintendents and all financial and legal affairs relating to rehabbing, renting, refinancing and ensuring efficient operations in Laub Realty properties. These included more than 75 residential buildings, comprising 5000 units, and more than one million square feet of medical office and retail properties. Andrew has been a principal at Laub Realty since 1996. Due to his reputation of completing complex negotiations in purchasing, managing and selling, Andrew is widely known and respected throughout the real estate community. Prior to launching his career in real estate, Andrew worked at the Chicago Mercantile Exchange where he traded S&P 500 stocks and Eurodollars, executing more than 25,000 shares of trading each day. He earned his bachelor’s degree in Mass Communications from Boston University and has been a member of the Bronx Realty Advisory Board for 15 years. In this capacity, he helped negotiate union wages and landlord and tenant rights in residential and commercial properties. Andrew’s financial background enabled him to identify solid growth opportunities within new ventures. This experience in negotiation and financial investment will serve as an invaluable asset in the success of Keneh Ventures.
CEO: Andrew Laub
CBDO: Rhett Jordan
Chief Business Development Officer:
Rhett Jordan is the founder of Native Roots brand of marijuana dispensaries and grow facilities. He has dedicated his career to developing and executing the vision of one of the largest and most successful dispensary chains in the world. Over the past 10 years, Rhett has proven his dedication and expertise in retail, production and extraction techniques, while holding over 150 licenses in the State of Colorado. To date, Rhett has built an empire of 19 medical and recreational retail locations with more set to open in 2017. Native Roots maintains a current total of 250,000 square feet of state of the art grow operations, making Native Roots one of the largest marijuana grows across the globe. Rhett has also worked on many projects in the marketing and media fields including event production and concert promotion as well as radio and web production. In addition to his business successes, Rhett, a Colorado native, has worked hand-in-hand with lawmakers and industry groups to facilitate effective statewide regulations and development within this genre. With a dedication to 100% state regulatory compliance, he has worked to create public awareness, engage communities and educate the general population about benefits of responsible recreational and medical marijuana use. With an undeniable dedication to the community in which he lives and operates, Rhett and Native Roots currently employ over 700 people across the state and he has consistently developed creative and impactful strategies to support countless Colorado businesses. As Co-founder of Keneh Ventures, Rhett looks forward to leveraging his wealth of knowledge and proven industry expertise, to engage diverse visions of cannabis entrepreneurs across the nation, and create viable platforms on all avenues to support their endeavors.
CFO: Richard Barber, CPA
Chief Financial Officer:
Richard Barber is managing partner of LH Frishkoff & Company LLP, a boutique accounting firm located in New York City. Included in Mr. Barber’s over 30 years of accounting experience is providing services to clients in various fields of industry including Companies with revenue as high as $1.6 billion. Other clients serviced that are relatable to our fund include private equity firms performing due diligence and advisory on merger and acquisition transactions as well as sophisticated tax strategies. LH Frishkoff & Company LLP will provide tax compliance and strategy to the fund as well due diligence for potential acquisitions.
Mr. Barber graduated from Sheffield Hallam University in 1980 with a Bachelor of Arts Degree in Business Studies before moving to the United States. He became a CPA in 1985 and a partner of his firm shortly thereafter.
COO: Pamela Hart
Chief Operating Officer:
Pamela Hart leads as an innovator in all aspects of business development. With comprehensive experience in product development, health and wellness, eastern medicine and hospitality, she specializes in creating and executing visionary opportunities. Pamela has led teams from curation to successful execution, working in fast-paced environments and creating infrastructures for various companies. She prides herself on her dedication to establishing personal relationships with affiliates and clients in order to determine and meet their specific needs. She is a results-driven team player, with years of experience managing multiple projects with professional and timely results. Pamela’s resourcefulness and attention to detail drive projects with precision and efficiency. Co-Founder to Keneh Ventures, Pamela's perspective, attentiveness and knowledge motivates her success and endeavors, while passion drives her to exceed the limits of expectations.
CDD: Alex Brough
Creative Development Director:
Alex Brough is an entrepreneurial force, with expertise in the entertainment industry, as well as the cannabis industry. He has been instrumental in cultivating and managing Native Roots Aspen, part of the largest cannabis dispensary chain in the world, with 19 locations in Colorado. Within the entertainment space, Alex produced and was the executive producer of the award winning documentary, Charles Bradley: Soul of America. In addition, he has worked with The Overthrow, a culture collective promoting music and culture in Miami. At Studio411, Alex worked in sales and marketing for the world’s largest distributor of action sports content at the time. As a cultural marketing strategist, he has organized and executed huge brand activation's and created poignant content in numerous industries. Alex has curated art exhibits, produced successful music videos, managed artists, has been a valuable asset in organizing music festivals, and collaborated with promoters and brands to create impactful culture marketing strategies. Alex’s diverse experience is invaluable as Co-founder of Keneh Ventures. He is an entrepreneur, content producer, trendsetter and a taste-maker.
DOM: Alesha Sands
Director of Marketing:
Alesha Sands worked side by side with Alex at Studio411. She was responsible for marketing and sales for over 70 action sports movie titles a year. She went on to work at Rockstar Energy Drink company where she created and led their digital marketing, content marketing and branding strategies. She was part of curating, creating and producing what is now called the social network trend within the beverage and action sports industries. With a grassroots marketing and PR strategy, Alesha built Rockstar’s social network and digital presence to compete with any major national brand. In addition to digital marketing and branding, she was also communications manager, one of their athlete support team managers and athlete resources manager. After Rockstar, she worked for Disney and ESPN’s X Games where Alesha built and executed the international PR strategy for X Games Foz do Iguacu during their global expansion year. Alesha’s Marketing and Branding skills are a massive benefit to our acquired company assets in teaching them the most modern and effective strategies and how to market to and influence their target markets to create brand awareness, recognition and loyalty.
Raising capital to develop financial infrastructure, product awareness and a network of support, creates lasting brand awareness, recognition and loyalty. With our media partners and consultants, our assets have the strategic advantage to propel ahead of their competitors.
KV specializes in recognizing up-and-coming trends in the ancillary cannabis space and strategically investing in startup companies that have impactful potential on targeted markets.
We utilize capital raised and invest in viable promising startup companies in need of infrastructure, consultation, strategy and capital within the ancillary cannabis space. Our accomplished team of proven professionals have the experience to achieve a stable appreciation of capital in long-term investments.
The KV due diligence process includes robust procedures that involve financial auditing, recognition of industry trends, and legal expertise. We pride ourselves in this process to ensure that KV invests in the most prudent manner possible, and mitigates risk for our Funds and investors. This knowledge and process is invaluable in an industry which, while experiencing huge growth, also faces regulatory challenges.
Limited Partnership in Keneh Ventures Funds will be open only to "Accredited" investors. Accredited Investors will be evaluated for suitability on a case-by-case basis.