Private equity firm Privateer Holdings is looking to pioneer the future of the legal cannabis industry. The company closed a $100 Million funding round in January to further its investment in cannabis start-ups. Privateer Holdings CEO Brendan Kennedy describes how the company is planning to use this new surge in funding. "A lot of the opportunities that we are looking at right now are outside of the United States," says Kennedy. "We'll deploy more than half of this round outside of the U.S. where we see Canada this year legalizing Cannabis for adult use." Four companies in Privateer Holding's portfolio include Leafly, Tilray, Marley Natural, and The Goodship.

Share:
More In Technology
Gas Prices Ahead of Labor Day Weekend
Gas prices are expected to rise ahead of Labor Day weekend, with millions of people hitting the road and Hurricane Ida disrupting the nation's oil and gas industries. Chris Williams, CEO of CW Petroleum Corp, joined Cheddar to discuss the rise and fall of gas prices, plus what his company plans to do to adapt to the uptick in electric vehicles.
Load More