Pete Thiel’s Founders Fund Invests in Marijuana
The $2 billion venture capital firm, Founders Fund, owned by the likes of Peter Thiel, is buying into a company that owns a number of marijuana related brands, as per Breitbart. Privateer holdings owns Canada’s Tilray and information service Leafly.
As quoted in the publication:
The companies are not talking about the size of the investment, but call it a “multi-million dollar” participation in a $75 million fundraising effort by Privateer.