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.
Gary Vaynerchuk, the outspoken CEO of creative agency VaynerMedia, checked in with Cheddar before the weekend to share his views on the biggest stories this week.
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.
Semiconductors are essential in industries such as defense, automobiles, and telecom. Cheddar assembled a timeline of the chip shortage stretching back to the pre-Covid economy.
Paramount+ has debuted, supplanting CBS All Access. ViacomCBS CFO Naveen Chopra talked about the two-tiered subscription service, and Cheddar's Michelle Castillo broke down this latest rebranding amid the streaming wars.
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Thomas Edison’s most prolific invention is arguably not the lightbulb we all know him for, but the lab in Menlo Park New Jersey that he used to create it.
Mitch Jackson, chief sustainability officer for FedEx, spoke to Cheddar about the delivery giant's $2 billion plan to reach carbon neutrality by 2040.
Financial technology company Square, Inc. says it has reached an agreement to acquire majority ownership of Tidal, the music streaming service partly owned by Jay-Z.
SpaceX's futuristic Starship has exploded after what looked to be a successful touchdown.
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