Private equity firm Privateer Holdings is looking to pioneer the future of the legal cannabis industry. The company closed a $100 Million funding round in January to further its investment in cannabis start-ups. Privateer Holdings CEO Brendan Kennedy describes how the company is planning to use this new surge in funding.
"A lot of the opportunities that we are looking at right now are outside of the United States," says Kennedy. "We'll deploy more than half of this round outside of the U.S. where we see Canada this year legalizing Cannabis for adult use."
Four companies in Privateer Holding's portfolio include Leafly, Tilray, Marley Natural, and The Goodship.
Ford's new "Built Ford Proud" campaign is the work of the Wieden+Kennedy agency, long known for its creative ads for Nike ($NKE) ー including its controversial ad featuring ex-quarterback and activist Kaepernick. The first "Built Ford" ad stars Bryan Cranston inhabiting a series of cinematic personas that all take subtle digs at the tech industry.
A lead TV analyst suspects Netflix may be battling a case of nerves as the streaming giant turns to the debt markets for the third time in a year. "I think it's a reaction to the fact that Warner is coming into the picture, and Disney," Alan Wolk, a co-founder and lead analyst at TV[R]EV, told Cheddar Monday. "Suddenly, that market ー especially in the U.S. ー is getting crowded."
Amazon, Alphabet, Twiter, and other big tech companies are set to report quarterly earnings this week. Elon Musk says The Boring Company's high-speed transit tunnel will be open to the public on December 10. And Zane Holtz, star of the upcoming film 'Hunter Killer,' joins Cheddar to discuss what it's like working with big-name talent such as Gary Oldman and Gerard Butler in this new movie.
Aurora Cannabis will start trading on the New York Stock Exchange on Tuesday, though it already trades in Canada. Debra Borchardt, co-founder and CEO of the Green Market Report, predicts how the stock will fare in its NYSE debut.
In the wake of two massive data scandals this year, the tech company is reportedly looking to acquire a company that can help beef up its cybersecurity. The Information reporter Sarah Kuranda, who broke the story, told Cheddar why Facebook is willing to pay top dollar for a big name in the space.
Broad stock indexes sputtered Monday, but tech investors looked ahead to one of the busiest earnings weeks of the quarter, anchored by reports from many industry heavyweights that were able to avoid overall weakness in the market.
Elon Musk says the first part of his Boring Company's L.A. underground tunnel will open in December.
Peloton, the stationary bike maker with a cult-like following, has launched Tread ー an all-in-one treadmill and bootcamp experience. CEO John Foley said you can now get a full-body workout at home.
On Friday, SolarWinds came back to market at the NYSE Friday after a three-year period in which the IT software company was private. CEO Kevin Thompson explained why the time was right to tap capital markets for cash.
Alicia Tillman, CMO of the enterprise software company, spoke to Cheddar's Jon Steinberg about how SAP is adapting to become a more visible presence to its customers' end user.
