Yale MBA Grad Starts Marijuana Industry Private Equity Fund

[ErikJ]

Brendan Kennedy, a graduate of the Yale School of Management who is the chief executive officer of Privateer Holdings, talks about his private equity fund investing in marijuana-related businesses. He spoke with Bloomberg’s Britton Staniar and Peter Robison on Dec. 4 in Seattle.

[msongs]

1. legalization is about to be hijacked by corporations and bloated government nt

[smccarter]

2. Maybe... but sounds like a good opportunity to get in early....

to a brand new industry and make a little money.

No sense in supporting the legalization of marijuana and not getting anything out of it. I certainly don't intend to smoke pot, but sounds like investment opportunities are near. Nice to see new industry in America. Especially one that will reduce costs dramatically in the corporate prison industry. The benefits are tremendous... And I'm certainly not opposed to making a little money if the opportunity presents itself.

I'll wait a bit though... don't want to invest in a short lived industry. Pesky federal law and all.

[MrMickeysMom]

4. Maybe it's not as short lived as you imagine...

One has to examine the background and previous experiences of this "industry". As a drug, I understand it's effects. That aside from the past, I see it's potential for the future.

It does have medicinal purpose
It is an industry which produces nutritional base for food and fiber for industry. Hemp clothing and rope are just some things from the plant, which if grown in areas that are barren, can restore agriculture.

I don't think genetically modifying it would make it do better and I think it's the kind of crop that is difficult to corporatize, due to how easy it can grow in the "slow food movement".

Pesky federal law? Uh-uh... I think this is more visionary.

[AgingAmerican]

3. Corporatism will ruin it

[dotymed]

6. It very well could.

I can imagine that they would put high monetary requirements to get a "growers permit"...etc. IMO, marijuana and hemp could be the wave of the future but in our corporate controlled country "they" will very likely limit access to the already wealthy..bastards.

[DeSwiss]

5. Whoops!

[font size=4]Administration Weighs Legal Action Against States That Legalized Marijuana Use[/font]

NYT
By CHARLIE SAVAGE
Published: December 6, 2012

WASHINGTON — Senior White House and Justice Department officials are considering plans for legal action against Colorado and Washington that could undermine voter-approved initiatives to legalize the recreational use of marijuana in those states, according to several people familiar with the deliberations.

MORE

- FORWARD! Into the past......

K&R

[fasttense]

7. If it ever becomes legal to grow in TN, I want to add it to the

produce I grow and sell. From what I hear, it is fairly easy to grow depending on what type you are growing. There are many hybrids out there that have been developed for getting a buzz (ok, I'm older and not into the culture). But I wonder if there is a market for the original less potent plant for home remedies and teas?

Coming to a Farmer's Market near you?

[YOHABLO]

8. Well, they're still making Moon Shine.....

Yes, corporate America has seen the writing on the wall for quite some time. And don't you know it will be the very same tobacco companies who have been putting additives in the tobacco to get everyone hooked; oh, and probably what's causing cancer.