With cannabis approval rising, investors are mobilizing

Privateer, which is currently raising $75 million in Series B funding, was founded in 2011 by Brendan Kennedy, Christian Groh, and Michael Blue. Privateer is hoping to capitalize on a supply chain that is, as of right now, managed poorly, severely fragmented, and still largely forced to operate in the shadows. They rightfully claim that the demand for recreational pot products has been proven, and hope to be among the first to capitalize on that demand.

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