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.
Samsung will not debut its Galaxy Fold smartphone in the U.S. on Friday, as originally planned. “You can’t make a second impression,” a tech reviewer tells Cheddar.
T-Mobile’s new bank account might not pose a competitive threat to the biggest U.S. banks, but it’s a strong competitor to the many startups vying to shape how people save and manage their money.
Pinterest made its market debut Thursday morning trading shares on the New York Stock Exchange at $23.75, nearly 25 percent higher than its initial public offering price.
Facebook announced on Wednesday a comprehensive ban on white nationalism and white separatism, two ideologies that the company previously viewed as different from white supremacy, which the social network blocked in 2018.
With just nine months until California implements the strictest data privacy law in the nation, the vast majority of businesses operating in the state are not compliance ready, a new report found.
There's a phenomenon on the internet called the "Streisand Effect," whereby a person's attempt to suppress information ends up widely publicizing that very same information. It was named after a situation an incident when Barbra Streisand tried to keep images of her Malibu mansion off the web and inadvertently drew massive amounts of attention to it. And it's why Devin Nunes' mom was trending on Twitter Tuesday morning.
Snap Inc. plans to announce its long-rumored gaming platform for developers next month. The mobile game platform, internally codenamed “Project Cognac,” will feature a handful of games from outside developers designed to work specifically in the Snapchat app.
Editor's Note: On Wednesday afternoon, Cheddar Business erroneously reported that a Circle executive had left the company. A company spokesperson has confirmed that the executive remains an employee of Circle. Cheddar Business regrets the error.
A recent independent valuation of Tinder commissioned by parent company Match Group has placed the dating app's value at roughly $10 billion, an astounding increase from a $3 billion valuation less than two years ago that has potential ramifications for an explosive lawsuit against the company.
Elon Musk may be going to Vegas. The Las Vegas Convention and Visitors Authority has recommended that The Boring Company be chosen to construct a "people mover" below the expanding convention center.
