Privateer Holdings – The Cannabis Industry’s First Private Equity Firm – Closes $7 Million Funding Round

SEATTLE, July 16, 2013 -- /PRNewswire/ -- Privateer Holdings Inc., the cannabis industry's first private equity firm, today announced the completion of its Series A funding round. The company raised an initial $7 million from high net worth individual investors and family offices, with a strategic plan to invest in companies in the cannabis space and build mainstream brands. The completion of this initial round of funding positions Privateer Holdings as the leader in the nascent cannabis industry. is its flagship acquisition.