Brendan Kennedy, the CEO of Privateer Holdings, one of the oldest and largest cannabis-focused private equity firms, shared the three components of the firm's investment thesis in an interview with Business Insider. In cannabis, like any other industry, "brands are the future," according to Kennedy. Privateer, founded in 2010, raised $100 million earlier this year. Peter Thiel also backed Privateer's Series B in 2015 through the Founder's Fund. As marijuana legalization sweeps across...
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