Private firm bets on marijuana, Wall Street wary

Brendan Kennedy, CEO of Privateer Holdings, poses for a portrait for Reuters in SeattleBy Eric M. Johnson and Alex Dobuzinskis SEATTLE/LOS ANGELES (Reuters) – In the sparse Seattle offices of Privateer Holdings, Brendan Kennedy grabs an iPad to show how his bet on legal marijuana is already paying dividends in the form of a Google results page for "blue cheese." When Web users search that term, high on the list is a link to reviews of the pot strain "blue cheese" on Leafly.com, the medical cannabis website Privateer bought a year and a half ago and which it calls the Yelp of weed. …


Full Story Via Gadgets News Headlines – Yahoo! News

Comments are closed.