TORONTO, Ontario, Feb. 8, 2018 /Weed Wire/ – Tilray, a global pioneer in medical cannabis research, cultivation, processing and distribution, today announced the completion of its Series A funding round totaling C$60 million. The round was comprised of a group of leading global institutional investors.
Tag Archives: Privateer Holdings
U.S. Private Equity Firm Raises More Than $100 Mln for Cannabis Investments
A U.S. private equity firm investing exclusively in legal cannabis said on Thursday it had raised more than $100 million in its third round of fundraising, underscoring investor appetite for the burgeoning industry.
Privateer Holdings Closes $100+ Million Funding Round, Announces $5 Million Equity Pledge
SEATTLE, Jan. 25, 2018 /Weed Wire/ – Privateer Holdings, the world’s leading private equity firm investing exclusively in legal cannabis, today announced the completion of its Series C funding round and a pledge from the firm’s founders to donate equity equivalent to $5 million at the firm’s current valuation to help communities harmed by cannabis prohibition.
Big-Name Tech Investors Pour Millions Into Marijuana
The storied Silicon Valley venture firm Benchmark Capital has launched a slew of tech companies: Twitter, Uber, Snapchat, Instagram. Now its search for the next big thing has led it to … pot.
Top Marijuana Private Equity and Venture Capital Funds
While it is still difficult to invest directly in legal pot through public equities, venture capital firms and private equity funds have raised hundreds of millions of investment dollars.
Cannabis Industry Market Map: 60+ Companies
Startups are finding new ways to tailor technologies specifically to cannabis businesses.
Report: Marijuana Funding in 2016 Down Slightly from 2015
On Jan. 6, 2017, CB Insights released a report on annual funding activity for private marijuana companies in 2016, as well as activity for the fourth quarter of the year. According to the report, deals made and dollars invested leveled off in 2016.
Is 2017 a Do-Or-Die Year for Aurora Cannabis Stock?
The fed’s report was largely positive for the recreational marijuana industry when it was released Tuesday. Aurora Cannabis stock was one of the biggest pot stock beneficiaries of the announcement, but has since had a regression in share price.
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 Holdings Closes $40 Million in Convertible Note Financing
SEATTLE, Nov. 4, 2016 /Weed Wire/ — Privateer Holdings, the world’s first private equity firm to invest exclusively in legal cannabis, today announced that the company has closed an additional $40 million in convertible bridge financing.
Marley Natural Cannabis Brand Gets Approval as Santa Rosa’s First Pot Processor
Santa Rosa has rolled out the welcome mat to the marijuana industry, and the first firm through the door is affiliated with none other than the godfather of ganja — Bob Marley.
Marijuana’s Investors Prefer To Keep It A Secret
Money seems to be pouring into the cannabis industry as many investors believe the return on these early investments will be huge.
Private Equity Is ‘Seeing More Excitement Than It Can Handle’ in the Marijuana Industry
Over the last few years, a new wave of cannabis-finance companies have formed to capitalize on the green rush.
Tilray Now Exporting Canadian Medical Cannabis Extracts to Croatia
Tilray, a licensed cannabis producer in Canada and owned by Seattle-based Privateer Holdings, became the first Canadian company licensed by the Canada’s Marihuana for Medical Purposes Regulations to legally export medical cannabis cultivated and processed in Canada.
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.
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.
Cannabis in Canada: A Data Snapshot
The evolution of the cannabis market in Canada continues to be a crucial case study. There is a lot we can learn about how business models are taking shape and the headwinds being faced in the legalized medical environment that the Canadian MMPR provides.
Weekend Read: The Weed Funding Bubble
ED ZIMMERMAN: “Businessmen they drink my wine, Plowmen dig my herb.”
On Private Vs. Public Companies, Unicorns and Cannabis
Would you like to invest in Uber? Or how about Airbnb? Well it turns out that you can’t. If you’re a regular Joe or Jane investor, there are no shares to buy for either company, or for companies like Pinterest and SpaceX.
The Word on Weed: Where Pot Investors See the Biggest Opportunities Now
As marijuana laws undergo serious change in the U.S., new pot-related startups have sparked up all over the place. But what will separate the pretenders from the contenders in what’s becoming an extremely crowded space?
Mary Jane Wines: Refining Alternative Consumption
Although legal issues have prevented Mary Jane Wines from reaching a wider audience, this hasn’t stopped it from developing its own cult following and attracting high-profile attention.
Investors Spent More Than $100 Million on Marijuana Businesses in the Last Two Years
During the last two fiscal years, investors spent $104.5 million to gobble up stakes in cannabis and cannabis-related companies, according to research firm CB Insights.
Founders Fund Bets on Cannabis
The state of the cannabis industry is an interesting one. Although millions of dollars are legally being generated, the industry is still competing with the public’s renegade outlaw perception of cannabis.
One of Silicon Valley’s Top VC Firms Just Invested Millions in Weed
Brendan Kennedy wants to build the Coca-Cola of cannabis. The PepsiCo of pot. The Procter & Gamble of ganja.
Venture Capitalists Giving Rise to “Big Pot”?
Peter Thiel, venture capitalist and co-founder of PayPal, is considering a multimillion dollar investment in Seattle-based private equity firm, Privateer Holdings, according to CNBC.
Thiel Considering Big Investment in Pot Sector: Source
Venture capitalist Peter Thiel—who famously suggested on CNBC that “pot smoking” was happening at Twitter—is considering a multimillion dollar investment in Privateer Holdings.
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.
High Times in Private Equity
With an influx of capital from alternative and traditional (OK, fringe traditional) investors, the legalization business is about to get legit.
Here’s the Full-Page Marijuana Ad Running in Tomorrow’s New York Times
Leafly, a company perhaps most readily explained as “Yelp for weed,” will run a full-page ad in tomorrow’s New York Times.
For Investors, Legalized Pot Remains a High-Risk Venture
When New York became the latest state to legalize medical marijuana, in early July, those hoping to indulge weren’t the only ones paying close attention. The news was also cheered by the growing contingent of eager investors.