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.
Charged up by strong sales of its electric cars and SUVs, Tesla has reported its seventh-straight profitable quarter.
Jill and Carlo talk about optimism on the pandemic and economy, a big demographic shift that will have implications for the midterms, Apple rolling out its new privacy tool, and the Oscars ratings.
The charitable arm of San Francisco-based technology giant Cisco Systems has pledged to invest $100 million over the next decade to help reverse the impact of climate change.
Apple plans to invest more than $1 billion in North Carolina to build the company’s first East Coast campus.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
A growing coalition of private companies, nonprofits, and the federal government are pushing for a more unified approach towards COVID vaccination credentialing.
SpaceX launched four astronauts into orbit Friday using a recycled rocket and capsule, the third crew flight in less than a year for Elon Musk’s rapidly expanding company.
Maryland-based cannabis grower Culta talks sustainability as the world celebrates Earth Day. Cheddar's Chloe Aiello reports.
NASA's little Mars helicopter has aced its second test flight.
Affirm, a pioneer of the buy now, pay later model, has acquired Returnly, which specializes in making online returns more seamless.
