Ex-Urban Airship CEO announces move into pot industry


Scott Kveton plans to explore the recreational marijuana market.

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BY JACOB PALMER | OB DIGITAL NEWS EDITOR

The ex-CEO of Urban Airship, Scott Kveton, who stepped down after an ex-girlfriend accused him of several sexual assaults, made the news Friday when he said he would explore the new legal pot business.

OregonLive.com reported on Kveton’s Internet post:

“As a serial entrepreneur,” he wrote, “I love emerging markets that haven’t been fully-defined. They have so many challenges and opportunities.”

Businesses are springing up across the West to capitalize on potential opportunities in legalized pot. Kveton notes in his blog post that PayPal co-founder Peter Thiel invested in a private equity firm focused on the marijuana market.




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