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Marijuana startups are blooming - here's who's poised to cash inhttps://www.businessinsider.in/marijuana-startups-are-blooming-heres-whos-poised-to-cash-in/privateer-holdings-is-a-private-equity-firm-thats-making-big-investments-in-marijuana-startups-its-ceo-is-42-year-old-yale-graduate-brendan-kennedy-and-it-counts-peter-thiels-founders-fund-among-its-investors-/slidelist/46989345.cms2021-07-26T12:44:18+05:30

Marijuana startups are blooming - here's who's poised to cash in

Jul 26, 2021, 12:44 IST

Privateer Holdings is a private equity firm that's making big investments in marijuana startups. Its CEO is 42-year-old Yale graduate Brendan Kennedy, and it counts Peter Thiel's Founders Fund among its investors.

Based out of Seattle, Leafly was one of the first new marijuana businesses, founded in 2010. It's like Yelp for reviewing different strains of pot and dispensaries. This is a screenshot of the company's periodic table of pot strains. Privateer bought the company in 2011.

Marley Natural, backed by reggae star Bob Marley's heirs and Privateer Holdings, aims to be the world's first global cannabis company, selling smokeable weed, topical oils, and accessories. It's based in New York.

Eaze is a mobile app that lets you get medical marijuana delivered to your door. You have to prove you have a medical card. It was founded by Keith McCarty, who was one of the first employees at Yammer, and recently raised $10 million from several investors including rapper Snoop Dogg.

Weedmaps shows you where the nearest pot dispensaries are located. It's based in Denver.

Meadow is another medical pot delivery service based in SF. It also recommends doctors who will issue a medical marijuana card, and has a blog with helpful info like a video on how to roll a joint. It counts startup accelerator Y Combinator as an investor.

MassRoots is a "semi-anonymous" social network for pot users. It's raised over $1 million in funding, according to Crunchbase, and is based in Denver.

High There is basically like Tinder for pot users.

Grassp is another pot-delivery app. It's based out of LA and has raised $1.5 million in funding.

Arcview is a San Francisco based group that connects investors with marijuana startups.

Tilray is a legal provider of medical marijuana in Canada. It's also received funding from Privateer.

Canadian Cannabis Corp is another company focusing on medical distribution in Canada. It's got $1.5 million in venture funding, according to Crunchbase.

But what about the other kind of green?

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