Actress and cannabis industry veteranGloria Govan, the force behindRLNTLSS Brands,celebrity cannabis brand management business representing clients such as Whoopi Goldberg, Gary Payton, Derek Fisher and Freeway Rick Ross, is joiningAlta II,an avant-garde in cannabis real estate lending firm, as general partner, leading the $100 million fund spearheading innovation and DE&I initiatives, Benzinga has learned exclusively.

Drawn to the therapeutic benefits of cannabis following her mother's bout with breast cancer in 2005, Govan swiftly morphed from a curious observer to an industry trailblazer. Holding the keys to 13 vertically integrated licenses peppered across Southern California and...