Privateer Holdings is a Seattle-based company founded in 2011 by a team of experienced professionals in investment banking and venture capital. The company is focused on ending cannabis prohibition and addressing the social harms associated with it through a strategic approach that involves acquisitions, investments, and incubation.
The company holds a firm belief that cannabis is a mainstream product consumed by mainstream individuals and that the end of cannabis prohibition is inevitable. Additionally, they are strong proponents of the idea that brands will play a crucial role in shaping the future of the cannabis industry.
Privateer Holdings prides itself on the diverse expertise of its team, consisting of Ivy League MBAs, PhD research scientists, marketing professionals, operators from leading brands, and even former federal law enforcement professionals. This diverse team brings a unique advantage and depth of hands-on management and investment experience to the company.
With the last investment totaling $100.00M in a Series C round on 25 January 2018, the company has gained the support of Employee Stock Option Fund. This solidifies their position in the market and underscores their potential to yield significant financial and social returns when cannabis prohibition comes to an end.