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This Could Be the Hottest Cannabis SPAC to Buy in 2021


Mar 10, 2021 at 7:34AM
Special purchase acquisition companies (SPACs) are some of the hottest buys of 2021. However, they also make for some ultra-risky investments, as investors don t have financial statements to look at to do the kind of analysis that they might normally do when picking a stock. Investors are essentially banking on the potential that a SPAC hits it big with an acquisition or merger.
One of the most popular SPACs this year has been 
Churchill Capital Corp IV, which has soared 133% year-to-date (the
S&P 500 is up just 5%). It also recently announced a merger with electric vehicle maker Lucid Motors. Churchill has been around for a bit, though. If you re looking for what could be the next big SPAC, there s one in the cannabis industry that should be on your radar today: ....

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One80 Makes Cannabis Buy-in with Cannasure Insurance Services Acquisition


One80 Makes Cannabis Buy-in with Cannasure Insurance Services Acquisition
March 9, 2021
Cannabis is getting bigger, and now insuring cannabis seems to be a bigger deal, too. The cannabis-focused insurance space can now be counted as part of a larger trend in recently announced business deals in cannabis.
One80 Intermediaries announced on Tuesday it has acquired Cannasure Insurance Services, an Ohio-based wholesale broker and managing general agent focused on the cannabis and hemp industry.
Terms of the deal were not disclosed.
Despite the pandemic, sales in the cannabis industry saw a massive boost last year, rising 48% to $21.3 billion. Analytics firm BDSA now forecasts global cannabis sales will grow to $55.9 billion in 2026, a compound annual growth rate of more than 17%. ....

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Rest in peace, Keegan Peterson


Rest in peace, Keegan Peterson
Jeremy Berke, Yeji Jesse Lee
Marijuana plants grow near a road in the Rif region, near Chefchaouen, Morocco, August 11, 2008.
Welcome to Insider Cannabis, our weekly newsletter where we re bringing you an inside look at the deals, trends, and personalities driving the multibillion-dollar global cannabis boom.
Hello,
Before we dive in this week, I wanted to alert you all to the tragic passing of Keegan Peterson last Thursday, at the age of 33.
As many of you who read this newsletter know, Keegan was the CEO of the Denver-based Wurk, a prominent member of the broader cannabis industry and community, and a mainstay on the conference circuit. ....

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