Privateer Holdings Inc. Provides Guidance On Unwinding It's Position In Tilray

Privateer Holdings Inc. (Privateer), the world’s first and leading private equity firm investing exclusively in the emerging legal cannabis industry, today issued the following statement, strongly emphasizing that it does not have plans to register, sell or distribute the 75 million shares that Privateer owns in Tilray, Inc. (NASDAQ:TLRY) when the lock-up expires next week.

Meet The Hottest Privately Held Cannabis Companies

The cannabis stock market is excited about the upcoming initial public offering of MassRoots, which is one of the most popular cannabis based apps. The app will be one of the first cannabis-based businesses to go public.

Technical420 has stated that some of the best cannabis companies are privately held and not publicly traded. Today we want to discuss some of the best private companies.

Celebrities Entering The Marijuana Industry

The growth of the cannabis industry has started to gather the attention and capital of many well-known celebrities. But who is getting involved?

Willie Nelson

Willie Nelson recently revealed plans to launch a branded chain of marijuana dispensaries and related products, including signature strains of pot. He wants to develop and sell his own strains through his own dispensaries. Nelson plans to open his first dispensary in 2016.