Leafly’s founders established a second business–Privateer Holdings, believed to be the only private-equity firm focused exclusively on marijuana. It is closing its first-round investment pool of $7 million, which it intends to use to buy existing marijuana-related businesses. One possibility is a vaporizer manufacturer, a mainstay of the medical-user community, because it creates steam (much like the vaporizers of our childhood), instead of smoke.
Privateer Holdings, marijuana PEU.
We are a private equity firm strategically investing in the emerging legal cannabis field.This may be the sign of PEU ubiquity.
