Portugal and Europe's budding medical marijuana market

Video Summary

As more and more governments around the world move to legalise medical marijuana, Privateer Holdings CEO Brendan Kennedy explains why he thinks its use will be widespread and stigma-free within the next ten years and why the company chose Portugal for its first venture outside Canada.


Brendan Kennedy is CEO of Privateer Holdings, the world’s first private equity firm investing exclusively in legal cannabis. Brendan and his team have raised $82 million to launch a portfolio of global, responsible and mainstream cannabis brands leading the future of the industry – including portfolio companies Tilray, Marley Natural, and Leafly. Prior to founding Privateer Holdings with two other partners, Brendan served as Chief Operations Officer of SVB Analytics, a non-bank affiliate of Silicon Valley Bank that provided valuation services to early-stage start-ups and venture capital firms, and as CEO and President of Mindability, a software company focused on customer experience measurement. He earned a BA in architecture from the University of California, Berkeley; an MS in engineering from the University of Washington; and an MBA from the Yale School of Management. Brendan lives in Seattle with his wife and daughter. He has finished six Ironman triathlons.

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