Privateer Holdings raises $75 Million


What does Privateer Holdings do?

Privateer Holdings, is a private equity firm which shapes the future of the legal cannabis industry. It uses strategic investments in the cannabis industry for acquiring and creating mainstream brands.

From providing a reliable and pure medical cannabis to Canadian patients to empowering consumers around the globe with a trustworthy cannabis information resource, Privateer Holdings companies are in the business of creating returns financially and socially. It uses strategic investments in the cannabis industry for creating mainstream brands, professionalizing cannabis business landscape through the power of private enterprise.

How much Privateer Holdings was funded?

Privateer Holdings raised $75 M in Series B on April 6th, 2015 from Founders Fund.

Previous funding

$7M in Series A funding on July 16th, 2013.

What is next for Privateer Holdings?

Privateer Holdings is a company which focuses on producing, distributing and educating consumers about legal marijuana has raised $75 M in latest round of funding which will be used to create new cannabis products brands.

The firm has huge plans of expanding and adding new brands as time is going on. Privateer Holdings hopes that these brands will appeal the customers and also legitimize the cannabis industry. the company’s focus is on creating brands which fuel the change about the perceptions of the products and users, brands which create trust, and brands which are legitimate.

More about Privateer Holdings

Privateer Holdings was found in 2011 by Michael Blue, , Brendan Kennedy and Christian Groh. It has its headquarters in Seattle, WA. This start up is set apart by the depth of hands on managements and investment experience of our team which includes marketing professionals, MBAs from Ivy League and also federal law enforcement professionals.

In an industry which is denounced by negative impressions and substandard business customs, Privateer Holdings is heightening consumer expectations through the consistent quality and service of its increasing portfolio of the popular international brands.