Massachusetts regulators scrapped a pilot program to establish cannabis cafes in 12 municipalities, likely ending the potential for consumption spaces to open in the state this year.
As Canada enters its fifth full year of adult-use legalization, one type of marijuana business has been largely missing in action: legal cannabis consumption spaces, which remain relatively rare.
The government of British Columbia found overall support for adult-use marijuana consumption spaces among cannabis users and businesses in a 2022 public consultation – while nonusers and “some public health and safety organizations (and) local governments” expressed opposition.
Special purpose acquisition company (SPAC) Northern Lights Acquisition closed its acquisition of cannabis financial institution Safe Harbor Financial, taking the company public on the Nasdaq Capital Market and changing its name to SHF Holdings.
William “Beau” Wrigley Jr. and his Parallel marijuana company face litigation over a failed merger with Scooter Braun’s Ceres Acquisition Corp.
Choice Consolidation Corp. is winding up its business and backing away from any marijuana industry acquisitions, the industry special purpose acquisition corporation (SPAC).
Main Street needs to understand what Wall Street is actually talking about.
So today, I’ll explain two terms often in the cannabis news: REIT and SPAC.
The government of British Columbia is considering allowing recreational cannabis consumption spaces and has launched a public consultation on the topic.
Cannabis commerce platform Leafly Holdings started trading Monday on the public stock markets after completing its previously announced merger with special purpose acquisition company Merida Merger Corp. I.
During the pandemic, interest in special purpose acquisition companies (SPAC) soared, as private cannabis-related businesses looked to these blank-check companies for quicker, easier access to public markets and the funding that comes with it.
But two years later, the sparkle seems to be dimming.
Online marijuana platform Leafly Holdings said it secured $30 million in new funding in relation to its pending merger with special purpose acquisition company (SPAC) Merida Capital Holdings.
A California-based special purpose acquisition company (SPAC) raised $200 million in an initial public offering to target companies involved in the growing medical cannabis or cannabinoid industry.
