Privateer Holdings' Cannabis Investments Pave the Way for Other Big-Time Investors

Brendan Kennedy Web Summit
Source: Web Summit Blog

Brendan Kennedy, CEO of Seattle-based private equity firm Privateer Holdings, one of the fifteen “marijuana money managers” profiled at New Cannabis Ventures and a pioneer investor in the cannabis industry, spoke at the Web Summit in Ireland on Wednesday. The event, which has 21 separate summits, a thousand speakers and thirty-thousand attendees according to the organizers, was covered by the USA Today, which reported that Kennedy predicts legalization in the United States within the next two years, no matter which party wins the Presidency.  Its consumer brand, Marley Natural, will launch before year-end according to Kennedy.

Kennedy recently addressed an audience of investors in Denver at the National Cannabis Summit.  One of the key points he made during his presentation with Dooma Wendschuh, CEO of ebbu, is that the company’s investment from Founders Fund earlier this year signaled to other institutional investors that the cannabis investment opportunity is too great to pass by.  Kennedy and Wendschuh will be addressing a group of family offices at the Cannabis Private Investment Summit in New York in December.

Read Kim Hjelmgaard’s “Entrepreneur Brendan Kennedy wants to establish a national brand of pot”:

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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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