Founders Fund, a venture capital firm co-founded by Peter Thiel, a big-deal investor known for his early bet on Facebook, invested millions in the cannabis-focused private equity fund Privateer Holdings. But speculation that mainstream money would pour into the green rush was premature. While companies continued to raise money, the Thiel investment was probably the most buzzed about deal of 2015. Privateer aims to develop global marijuana brands. Its companies include the website Leafly and Marley Natural, named for the Reggae legend.
Read more in Rolling Stone.