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.
Ford on Sunday unveiled its all-electric Mustang Mach-E, a curvy four-door SUV that, with the iconic pony logo, is helping the automaker race into a new era that will be marked by an “all-in” $11.5 billion investment in 16 electric vehicles over the next three years.
The surprise rejection of Amazon Web Service's bid on October 25 raised eyebrows because the company had appeared to be the frontrunner thanks to its extensive experience with cloud computing.
The battery-powered vehicle — long-teased as a “Mustang-inspired” SUV — will officially join the Mustang line as the Mustang Mach-E.
As streaming services battle it out, technology and strategy consultant Michael Wolf says companies like Amazon and Apple, who can offer cross service bundles, will come out on top.
Cheddar spoke to Mike Massimino, former NASA astronaut and senior advisor for space programs at the Intrepid Museum, to get his take on films such as "Apollo 13" and "Gravity."
The search giant has partnered with Citi and Stanford Federal Credit Union, who will handle the heavy lifting in the backend and compliance, and is seeking to position those brands more front-and-center to customers than its own.
In addition to being a payment method for Facebook Marketplace, Facebook Pay will also compete with person-to-person payment apps like PayPal-owned Venmo, Apple Pay, Google Wallet, and Square Cash App.
Consulting and research firm Magid found people are willing to spend about $42 a month on streaming services, an increase from $36 last year. But they only want four subscriptions on average, down from six in 2018.
The Apple credit card issued by Goldman Sachs stands accused of gender bias after reports from couples showing a major disparity between credit limits issued to women versus men despite shared assets or better credit scores.
These are the headlines you Need 2 Know for Friday, November 8, 2019.
