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.
With an increasing number of mobility options, putting an end to distracted driving is more urgent than ever. Ryan Luckey, assistant vice president of brand marketing at AT&T, told Cheddar about AT&T's partnership with e-scooter company Bird to keep distracted drivers ー and scooter riders ー off the roads.
The FDA is moving forward with its proposal to restrict sales of most flavored e-cigarettes including popular brand Juul.
Uber released financial statements on Wednesday showing slowed growth and greater losses while the company continues to invest in food delivery, freight, and electric bikes.
Ford and Walmart envision a world in which products are delivered straight to customers' doors ー no driver required. The two titans of industry are teaming up along with Postmates to explore delivery via self-driving cars in Miami-Dade County, Fla.
The former president of Pinterest has a new mission to curb tech addiction. Tim Kendall left his perch as the top business chief of the $12 billion company one year ago and is now the CEO of Moment, a mobile app that aims to teach people how to reduce their phone use.
Sen. Mark Warner (D-Va.) spoke with Cheddar's J.D. Durkin about Amazon's move to Crystal City and what it means for the people of Virginia. "This is both going to be an economic driver and, frankly, put this region more on the map as a tech headquarters," Warner told Cheddar.
Qualtrics CEO Ryan Smith rang the closing bell alongside SAP CEO Bill McDermott to celebrate his company's last minute buyout by SAP. Smith and McDermott talk to Cheddar about Qualtrics' planned expansion, their goals for enterprise technology and why they think the $8 billion acquisition makes so much sense. "Our mission is bigger than everything. We want XM, or experience management, all over the world, and this is by far the best way to do it," Smith told Cheddar.
NASA is partnering with an unlikely organization for one of its newest experiments ー The Michael J. Fox Foundation. NASA is planning on growing crystals out of the proteins that are likely connected to Parkinson's disease. Sarah Lewin, associate editor at Space.com, told Cheddar that growing the crystals in space will give scientists more information on the proteins and hopefully lead to a breakthrough in curing Parkinson's.
The burgeoning sport of drone racing is about to go autonomous. The professional Drone Racing League is preparing to launch a circuit for A.I. drones to compete against one another ー and, eventually, against human-controlled drones. Nicholas Horbaczewski, the founder and CEO of the DRL, previewed the new circuit in an interview on Cheddar Wednesday.
Federal regulators have subpoenaed Snap as part of a probe into its 2017 initial public offering, the company confirmed in a statement to Cheddar.
