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By Omar Sacirbey
Privateer Holdings, a cannabis-focused private equity firm, plans to spend a significant chunk of the $122 million it has raised over the past year on expanding its international holdings and footprint through acquisitions, exports, additional hires and new ventures.
Earlier this month, the Seattle firm – which owns three companies – completed a $40 million round of fundraising, adding to the $80 million-plus it netted in previous rounds.
Privateer is the first marijuana-centric investment company to raise more than $100 million, a sign that deep-pocketed investors increasingly are warming up to the cannabis industry as more