| Seattle skyline/ GVs | Music | 00:00 |
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| KNIGHT: Seattle, Washington - up on the north-west shoulder of the United States. They called it grunge. | 00:17 |
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| Music | 00:22 |
| Photos. Rock bands | KNIGHT: It was here in the 1980s, that the distinctive local Seattle Sound burst out of the bars, clubs and garages and became a global phenomenon. | 00:25 |
| Ferris wheel | Music | 00:36 |
| Club interior. Night. Band plays | KNIGHT: It was the music of alienation and apathy, dislocation and dissatisfaction. They called it grunge. | 00:44 |
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| Music | 00:51 |
| Day shots | KNIGHT: These days in Seattle, the flannel shirts are ancient history. | 01:05 |
| Blue | MICHAEL BLUE: "Public opinion polls in the US suggested that this was going to move quickly". | 01:12 |
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| KNIGHT: Now, if you want to turn the world on its head, make a noise and a whole lot of money - | 01:18 |
| Photo. Blue and Kennedy | you put on a suit and sell marijuana. | 01:23 |
| Marijuana plants | Music | 01:27 |
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| KNIGHT: Chances are, your dope dealer will look like this - | 01:29 |
| Photos. Blue and Kennedy | young, ambitious and with an Ivy League pedigree. | 01:33 |
| Marijuana plants | BRENDAN KENNEDY: "We actually met on the first day out of school | 01:38 |
| Blue and Kennedy | at Yale. KNIGHT: "Did you click straight away?" MICHAEL BLUE: "We did, we did. We came from | 01:41 |
| Newspaper article re Blue and Kennedy | very different backgrounds. I came from Arkansas, from a very conservative family in the south. Brendan grew up in San Francisco in an Irish Catholic upbringing". | 01:48 |
| Marijuana plants | Music | 02:00 |
| GFX overlay/ Photo. Blue, Kennedy, Groh | KNIGHT: Brendan Kennedy and Michael Blue, together with their friend Christian Groh, make up Privateer Holdings. It's the first private equity firm dedicated | 02:02 |
| Marijuana plants | to cannabis. They're raising money for their own marijuana company and to invest in others, taking advantage of the new laws. | 02:10 |
| Onscreen article re Kennedy | Music | 02:20 |
| Photo. Blue, Kennedy, Groh | BRENDAN KENNEDY: "I'm not sure | 02:27 |
| Kennedy. Super: | I could work in the tobacco industry. I'm not sure I could work in the alcohol industry, but we eventually got comfortable with that moral question and in fact, you know today, having talked to so many patients and physicians and talked to so many activists who are interested in individual civil liberties or patient rights, you know, we feel this moral imperative to succeed". | 02:29 |
| Jars of different strains of marijuana | Music | 02:53 |
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| KNIGHT: Even before the new laws took shape, Privateer raised seven million dollars from investors. They bought a website called Leafly.com. It was a clever move. | 02:58 |
| Leafly.com | Leafly is now the go-to site to search and review hundreds of strains of marijuana. | 03:10 |
| Marijuana plants/Leafly app | Every day 3,000 consumers are downloading the smart phone app. | 03:19 |
| Kennedy | BRENDAN KENNEDY: "Fifty-eight percent of Americans believe that cannabis should be legalised for recreational purposes and then eighty-five percent of Americans believe that cannabis should be legal if a doctor has prescribed it and you can't get eight out of ten Americans to agree on anything but they agree on that and that's -- for us that's fascinating". | 03:27 |
| White board in office | KNIGHT: Privateer is muscling up for the cannabis boom to come, | 03:47 |
| Blue in office | raising a hundred million dollars for the next investment round. The minimum stake they'll accept - a million dollars. | 03:51 |
| Super: | MICHAEL BLUE: "You know, it's a massive industry now and you know it will only grow as further legalisation takes place | 03:59 |
| Exterior. Marijuana shop | and, you know, if you look globally, you know it's a hundred and fifty billion dollar industry. That's the only reason you know why we jumped into the space". | 04:08 |
| Interior. Marijuana shop | Music | 04:18 |
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| KNIGHT: That space is getting crowded. Privateer got its start in the medical marijuana business. In many states in recent years, it's been possible to get cannabis if you had the right paperwork from a medical professional. | 04:24 |
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| Music | 04:38 |
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| KNIGHT: Now, the medical marijuana sector is worth hundreds of millions of dollars and many of its operators are gearing up for the new legalised boom time. | 04:44 |
| Mother and daughter at dispensary window | The state has received 7,000 applications for recreational licences to sell pot and new products are already filling the stores. | 04:59 |
| Salesman with mother and daughter | SALESMAN: "And it's a real nice hybrid, it's the White Widow. So it's been tested at 44.9% THC, so it does have good potency to it. | 05:10 |
| Davis in store | Music | 05:17 |
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| KNIGHT: This medical marijuana dispensary is one of many owned by a long time marijuana activist, John Davis. JOHN DAVIS: "This plant was one of the most widely grown things. The first crop in our nation to be grown. | 05:26 |