Privateer Holdings Announces First Institutional Investor in Legal Cannabis Industry – Founders Fund

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SEATTLE & SAN FRANCISCO--(BUSINESS WIRE)--In a major milestone for the entire legal cannabis industry, Privateer Holdings today announced that Founders Fund, one of the world’s top venture capital firms with more than $2 billion in assets under management, has made a multi-million dollar investment in Privateer Holdings’ Series B round. The investment from Founders Fund marks the first time a major institutional player has placed capital in the cannabis industry, and is a significant next step

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