Day: March 11, 2021

On:

Marijuana industry special purpose acquisition company (SPAC) Silver Spike Acquisition Corp. II priced an initial public offering on the Nasdaq exchange to raise $250 million. The company is issuing 25 million units at $10 each. Each unit includes one share and one-quarter of a redeemable warrant that entitles the holderContinue Reading

On:

A voter-approved medical marijuana program likely will be implemented in South Dakota as scheduled after efforts to stymie the program failed. Gov. Kristi Noem and the majority of lawmakers from both chambers wanted to delay legalization and develop regulations, but they couldn’t agree on a compromise measure to do soContinue Reading

On:

Mexico’s Chamber of Deputies approved a bill in general to lay the legal foundation for regulated marijuana and hemp industries, but the pending law still has hurdles to overcome and it could be years before a flourishing industry emerges. Lawmakers in Mexico’s lower house on Thursday voted largely in supportContinue Reading

On:

A subsidiary of cigarette maker British American Tobacco and Atlantic Canada-based cannabis producer Organigram signed a 220 million Canadian dollar ($175 million) strategic collaboration with a focus on research and product development. British American Tobacco strikes deal with Canada’s Organigram, portending similar tie-ups with US marijuana firms is a postContinue Reading