Private Equity Firm Says Cannabis is Bigger than Corn

Brendan Kennedy Bloomberg

In a Bloomberg interview, Brendan Kennedy, CEO of Privateer Holdings, discussed his company, its mission and the opportunity he sees.

  • Cannabis prohibition is fundamentally wrong, especially for African-Americans and Hispanic-Americans as well as to people in foreign countries
  • Seattle is a place for pioneers like Microsoft, Amazon and Costco, and Privateer
  • $35-40 billion annual industry revenues – “bigger than corn”
  • No public companies yet
  • Biggest opportunity in his lifetime
  • Privateer Holdings has credibility that is lacking among a large proportion in the space

Listen to “Yale MBA Grad Starts Marijuana Industry PE Fund”:

Published by NCV Newswire
NCV Newswire
The NCV Newswire by New Cannabis Ventures aims to curate high quality content and information about leading cannabis companies to help our readers filter out the noise and to stay on top of the most important cannabis business news. The NCV Newswire is hand-curated by an editor and not automated in anyway. Have a confidential news tip? Get in touch.

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