Flush with fresh funding, Privateer looks to expand overseas footprint

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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

Flush with fresh funding, Privateer looks to expand overseas footprint is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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