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.
Since 2009, technology has considerably changed the way people travel, from smartphone assistance to transportation to accommodations.
These are the headlines you Need 2 Know for Thursday, December 19, 2019.
In a year of the electric vehicle, new technology led to layoffs, new flight options, scooters, and jumps forward in space travel.
ICON's streaming fitness service iFit recently raised $200 million to invest in technology, expand its content library, and reach more potential users.
Amazon Alexa Auto Chief Evangelist Arianne Walker told Cheddar she wants Alexa to shift the perception of the in-car digital assistant.
These are the headlines you Need 2 Know for Wednesday, December 18, 2019.
As 2019 puts a bow on the teens, highlights from the year showed fans that the industry is ready and willing to adapt to upheavals in technology and politics while still having some fun along the way.
Mark Groden, founder and CEO of Skyryse, sees the just completed end-to-end autonomous flight of its helicopter called Luna as a large step forward in realizing a new sky-based transportation system.
Joel Flory, CEO of the photo editing app VSCO, discussed the VSCO girl trend and the acquisition of camera and app company, Rylo, in a sitdown with Cheddar.
Cheddar looks back at the high-profile product failures of the year.
