Cannabis Freedom Alliance Releases New White Paper on Federal Regulation of Cannabis in a Legalized Environment leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.
Special purpose acquisition company Glass House Group for $567 million.
The deal implies a $1.024-billion equity valuation and an approximate enterprise valuation of $691 million.
Curaleaf Holdings, Inc. (CSE:CURA) (OTCQX:CURLF) purchased European operator EMMAC Life Sciences. The U.S.-based company agreed to pay $50 million in cash and 17.5 million in stock worth roughly $260 million.
In addition, Curaleaf teamed up with an institutional investor to secure $130 million in financing for further expansion of Curaleaf International.
Meanwhile,
Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced it will buy
The Supreme Cannabis Company, Inc. (TSX:FIRE) (OTCQX:SPRWF) for about CA$435 million ($345.7 million).
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It sounds like the set up to a bad joke: billionaire Charles Koch, rapper Snoop Dogg, and legal reformer Weldon Angelos.
But it’s no joke. Those three disparate personalities recently joined forces to push for marijuana legalization, yet another sign that weed is part of mainstream society.
Many indicators reveal when a fledgling, disruptive industry has finally achieved big league status. When it comes to marijuana, I point to the announcement on Tuesday that Koch, Dogg and Angelos have formed the Cannabis Freedom Alliance. The idea was born during a Zoom conversation between the three men, neither of whom is a stranger to publicity.
Snoop Dogg, left, and Charles Koch. The war against the War on Drugs now has an unlikely ally in GOP megadonor Charles Koch, with a Koch-backed group joining the Cannabis Freedom Alliance, a new organization pushing for federal marijuana legalization. According to
Politico, the idea for the group came after Koch was on a Zoom call with rapper Snoop Dogg and criminal justice reform advocate Weldon Angelos, who was pardoned by former President Donald Trump after serving 13 years of a 55-year sentence for marijuana trafficking charges. (Like many great ideas, we re guessing cannabis was involved, at least on Snoop s part.)
Snoop Dogg, Billionaire Charles Koch, Weldon Angelos Launch The Cannabis Freedom Alliance benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.