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Partner

Jay Wilgar

Smart Money RatingBased on the data VC Catalog holds.

Smart Money Rating: 81 out of 100

President and Managing Director, Nicoya

Firm
Nicoya
Title
President and Managing Director
Role
Managing partner
Known as
Investor
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Record updated 21 September 2026

About

Jay has led multiple successful enterprises over the course of the past 20 years, often times in highly regulated and intensely competitive environments. His initial entrepreneurial venture was the development of Canada’s first large scale renewable energy project with AIM PowerGen. Later, Jay co-founded publicly traded Licensed Producer Newstrike Brands (TSX:HIP.V - now Hexo Corp), leading it to a sale valued at approximately $350 Million. Throughout his career he has successfully raised hundreds of millions of dollars through the capital markets and executed nearly half a billion dollars in M&A transactions as the sell-side.

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