Adaptive Medias Inc (fka ADTM)

[QTRADERQ]

To give perspective HOW BIG our $50 mil in funding is ...

Pot Goes Corporate
Privateer is on a mission to ditch the stereotypical, lava-lamp-and-pot-leaf stoner image, which is so closely associated with marijuana culture, and replace it with the kind of polished, corporate identity required to attract deep-pocketed investors.

Privateer, and the marijuana industry as a whole, took a big step toward achieving this legitimacy when Founders Fund, a venture capital firm headed by PayPal cofounder Peter Thiel, joined a round of Series B funding, as Fortune reported when the deal was first inked. The entry of Founders Fund gave other big investors the confidence to go all in, according to MSN.

The result? Privateer completed a $75 million round of funding, bringing its total holdings to $82 million and making it the best-funded player in the entire country when it comes to the pot industry.

“The Privateer deal with Founders Fund is one of the biggest — if not the biggest — stories in industry in past year,” Walsh said.

https://www.gobankingrates.com/making-money/seattles-privateer-holdings-raises-75-million-fund-pot-conglomerate/