Private Equity

Kings of Cannabis Capital: Privateer First to Raise Over $100 Million

Kings of Cannabis Capital: Privateer First to Raise Over $100 Million

Kings of Cannabis Capital: Privateer First to Raise Over $100 Million

On Nov. 4, 2016, Privateer Holdings, a Seattle-based private equity firm focused on the legal cannabis industry, announced that it has closed $40 million in convertible bridge funding, the first part of a future $100 million Series C equity round.

Privateer

Privateer Hires Former Federal Reserve Bank Examiner

On Jan. 12, 2016, Privateer Holdings, a private equity firm focused on the legal cannabis industry, announced that it has hired Dante Tosetti, formerly a Federal Reserve Bank Examiner, as Director of Treasury Compliance.

Wikimedia Commons / Public Domain / Evan-Amos

CEO of Privateer Holdings: ‘Cannabis in the United States is Bigger than Corn’

On Dec. 4, 2015, Bloomberg’s Britton Staniar and Peter Robison interviewed Brendan Kennedy, CEO of Privateer Holdings, a private equity firm focused on the legal cannabis industry, in Seattle to discuss Privateer’s investments in cannabis-related businesses.

Private Equity

Private Equity Pairs with Marijuana

Private equity (PE) firms in the United States are primarily known for making financial investments in private companies that need a long holding period for funds. This is often done for new technologies, making acquisitions or to expand a balance sheet.

Market Size

New Report: Marijuana Revenue by State is Between $50-$60 Billion

Marijuana Investor News estimates total related product sales to be between $50 and $60 billion in the United States. In a new report released on September 26, 2014, MJIN estimates the current market size for U.S. marijuana revenue by state.

Private Equity Charting

Private Equity Firing Up Medical Marijuana Sector

In 2012, it took Seattle-based private equity firm Privateer Holdings Inc. 18 months to raise just $7 million for investment in the medical marijuana sector. This January, Privateer raised $15 million in just three weeks. Any day now, it will embark on a $50 million target raise.


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