Founders Fund invests millions in cannabis venture Privateer Holdings

Founders Fund, a leading San Francisco venture capital firm, said Thursday it was making a multimillion-dollar investment in Privateer Holdings, a private equity firm that’s backed Leafly, a Yelp-like website for marijuana dispensaries, strains and doctors, and Marley Natural, a premium cannabis brand founded by family of the late reggae legend.

Read more in the Los Angeles Times.