Monday, August 4, 2014

The way things are going for Groh and the private equity firm he helps run, it just might. Privateer Holdings is the first private equity company openly investing in the legal weed industry. While a small handful of similar efforts have been publicly announced -- perhaps most notably the High Times Growth Fund, which is planning to raise up to $300 million to invest in pot -- Privateer says it has raised the most cash so far. The firm raised $22 million from investors last year and will soon close on another $50 million in funding, according to Groh. Privateer has already invested in about a half-dozen cannabis industry companies in the U.S. and Canada, Groh says, though it has only announced four of them. One of those is Tilray, a Canadian marijuana grower that cultivates, packages and mails cannabis to medical marijuana patients in Canada. #highsociety #fashion #smoke #stoner #girls #pot #marijuana #bluntculture #high #weedstagram #stoned #710 #lesbian #cool #fueledbythc #kush #hightimes #420 #highlife #sky #iphonesia #ganja #cannabis #hot #dank #girlswhoamokeweed #wfayo #party #dope @leafly


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