Privateer Holdings

Privateer Holdings Overview

• Privateer Holdings is a major player in the cannabis industry.
• It owns Leafly, the largest global cannabis website with over 11 million monthly visitors.
• Privateer Holdings holds a 76% ownership stake in Tilray Inc., a GMP-certified medical cannabis producer in Nanaimo, BC.
• Marley Natural, a partnership with the Bob Marley estate, offers a variety of cannabis products and accessories.

Financial Activities and Partnerships

• Privateer Holdings received $40 million in convertible note financing in November 2016 and secured $75 million in funding for cannabis-related ventures in April 2015.
• Tilray Inc. completed a merger with Privateer Holdings in December 2019.
• Various news sources and major publications like The Economist and Bloomberg have covered Privateer Holdings’ portfolio and business activities.

Leafly Acquisition Impact

• Privateer Holdings acquired Leafly in 2011, significantly boosting its portfolio.
• Leafly, the first cannabis company to advertise in the New York Times in 2014, reaches millions of users monthly.
• Leafly’s acquisition enhanced Privateer Holdings’ growth and influence in the cannabis industry, shaping the industry’s landscape.

Tilray Inc. Operations and Impact

• Tilray Inc. is a federally licensed medical cannabis producer in Nanaimo, BC, with GMP certification for pharmaceutical-grade products.
• Serving over 20,000 patients in Canada, Tilray exports medical cannabis products to various countries.
• Tilray’s research collaborations with hospitals and universities demonstrate its commitment to medical cannabis advancement, expanding its global presence.

Marley Natural Brand and Expansion

• Marley Natural, developed in partnership with the Bob Marley estate, offers cannabis strains, body care products, and lifestyle goods.
• Launched in Los Angeles in 2016, Marley Natural expanded to California, Oregon, and Washington.
• The brand’s association with the iconic Bob Marley family has helped establish its unique market positioning, focusing on quality products and lifestyle accessories aligned with Bob Marley’s legacy.

Privateer Holdings Data Sources