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Private firm bets on marijuana, Wall Street wary

By 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. …


Quoted from Private firm bets on marijuana, Wall Street wary on Gadgets News Headlines – Yahoo! News

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