Brendan Kennedy is Co-Founder and CEO of Privateer Holdings, Inc. In turn, he is the Chief Executive Officer of their subsidiary companies – Leafly and Arbormain.
Before co-founding Privateer Holdings with Michael Blue, Kennedy received his MBA from Yale School of Management. He went on to found and manage Mindability, Inc – a 30-employee software company focused on customer experience management.
Furthermore, Kennedy became the Chief Operations Officer for SVB Analytics in 2006. While there, he was tasked with issuing valuation assessments for private companies. He managed a team of 45 people in the US and 75 people in India. Kennedy helped increase SVB Analytics’ client count from 0 to 3000 during his tenure, raising revenues from $0 to $8 million per year.
Founded in 2011, Privateer claims to be the first private equity firm that only invests in cannabis-related companies. Because cannabis cultivation and distribution is federally illegal, their true focus is on ancillary businesses – companies that don’t “touch the leaf.” Privateer Holdings is led by Brendan Kennedy (CEO), Michael Blue (CFO), and Christian Groh (COO). They initially set a goal to raise $7 million dollars of funding, which they announced was met July 2013. Privateer acquired Leafly in 2012 and launched Arbormain, a Washington-based “start-up accelerator,” the following year. MANTIS_RECOMMEND = { property: '53422cdc8e92f89afbf09d5f', render: 'mantis__recommended__wordpress' }; …
Arbormain is a company based in the State of Washington. It is a subsidiary of Privateer Holdings that was created to act as a “start-up accelerator” for the cannabis industry, according to CEO Brendan Kennedy. It was founded in 2013. Arbormain leases large, I-502 compliant facilities with industrial infrastructure to support cannabis cultivation, testing and processing. They plan to open as many as five facilities throughout Washington State. MANTIS_RECOMMEND = { property: '53422cdc8e92f89afbf09d5f', render: 'mantis__recommended__wordpress' }; var z = document.createElement("script"); z.type = "text/javascript"; z.async = true; z.src = "//static.mantis.marketing/recommend.min.js"; var s = document.getElementsByTagName('head')[0]; s.parentNode.insertBefore(z, s); …
Company Plans To Lease Warehouses To Canna-Business Owners The State of Washington began accepting business license applications a few weeks ago. According to reports, the state has already received more than 1,300 applications, reinforcing the thought that legal cannabis could mean big business in Washington next year. Accordingly, a plethora of companies have attempted to position themselves atop of the industry through networking, strategic relationships, and deliberate branding. The budding cannabis industry has received a great deal of investor interest as well.
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