Privateer adds marijuana edibles company The Goodship to its portfolio

Privateer Holdings has added an edibles company to its portfolio of marijuana companies, marking the Seattle company’s first foray into the infused merchandise sector.

According to a information launch, The Goodship, a Seattle-based marijuana edibles company, stated it had agreed to be a part of Privateer’s “family of brands.” Terms of the acquisition weren’t disclosed.

The information launch stated the 2 corporations plan to develop new merchandise and broaden the supply of The Goodship’s manufacturers throughout North America – together with Canada, which is getting ready to launch adult-use gross sales subsequent summer time.

“When regulations allow, yes we intend to bring The Goodship to Canada,” Privateer spokesman Zack Hutson advised Marijuana Business Daily in an e-mail.

Here’s what you want to know:

  • Seattle-based Privateer Holdings additionally owns hashish web site Leafly, main Canadian licensed medical marijuana producer Tilray and Marley Natural, a California-based hashish model created in partnership with the household of reggae musician Bob Marley.
  • The Goodship sells cannabis-infused chocolate bars, cookies, brownies and different merchandise.
  • The acquisition comes after Privateer introduced in November that it might lay off a few of its workforce. That adopted job cuts of 15 Leafly staff a number of weeks prior.
  • Privateer has raised greater than $150 million – together with $122 million in 2016 alone – to spend money on a portfolio of hashish manufacturers.
  • The company now has greater than 500 staff in seven U.S. states and 7 nations.

Categories: Briefs, Canada Marijuana News, Infused Products & Extraction, Washington State Medical Cannabis Business & Marijuana Legal News





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