Business incubator and investment group CapStone Holdings Inc. welcomed retired 15-year NFL veteran Charlie Batch as its senior vice president of strategic investments. Batch will help the Bonita Springs, Fla.-based CapStone grow its investment portfolio and partnerships in the emerging medical marijuana and technology-focused industries.
Known to sports fans for his tenure as a quarterback for the Detroit Lions and Pittsburgh Steelers during his NFL playing days, Batch is now an investor, entrepreneur, community leader and philanthropist in the Pittsburgh area.
“We are excited to have Charlie join our team,” said CapStone Holdings founder and Chairman Keith J. Stone. “In addition to an outstanding football career, Charlie’s business acumen fits CapStone’s investment philosophy wonderfully. His impact will be shown quickly and will help us continue to grow our investments and footprint in a variety of industries.”
Batch is a vocal advocate among former professional athletes in CBD and medicinal-use cannabis. Batch has helped lead change in professional sports around the stigma of cannabis-based pain treatment and its benefits, working with several cannabis ventures in the past years. He will lead investment strategies related to that field.
In 2020, CapStone Holdings invested in a pair of leading international cannabis enterprises, Curaleaf and Ilera Healthcare – a TerrAscend company. In 2021, CapStone furthered its interest in the cannabis sector with an investment in The United Green, a national staffing agency with industry-specific workplace solutions for cannabis and hemp concentrated companies. CapStone will continue to focus on this industry as it relates to medical and healthcare.
CapStone Holding is a family office-structured holding company that maintains a balanced portfolio through investment strategies that maximize innovation and return with minimal risk. CapStone and its founders have invested across a wide range of industries for over 33 years and engage in focused philanthropic efforts.