Friday, January 26, 2018

Peter Thiel's Equity Firm in the Face of Trump Makes Major Marijuana Investment

A private equity firm backed by Peter Thiel announced Thursday morning that it has closed $100 million in new funding for weed-related ventures, in direct opposition to Donald Trump’s attorney general, Jeff Session, reports GQ.

In a further dig at Sessions, who earlier this month embarked on a long-threatened cannabis crackdown, GQ writes that the firm announced it is also donating $5 million worth of shares “to help communities harmed by cannabis prohibition.”


1 comment:

  1. A tip of the hat to Theil from me! This putting your money where your conscious is