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Chris Webber Launches Cannabis Fund to Invest in Black and POC Entrepreneurs yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Former NBA All-Star Chris Webber and partners launch $100M cannabis fund rollingout.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rollingout.com Daily Mail and Mail on Sunday newspapers.
Cannabis being grown in a HEXO greenhouse in Quebec in 2018. / Photo by Chris Roussakis /Bloomberg HEXO Corporation and Zenabis Global Inc. have entered into a definitive agreement that, as proposed, would see the former acquire all of the latter’s issued and outstanding common shares. Valued at $235 million, the all-share transaction means Zenabis shareholders will receive 0.01772 of a HEXO common share in exchange for each company common share held, notes a joint statement from the two companies. Previously approved by each company’s Board of Directors (BoD), the deal lays the groundwork for becoming a major cannabis player. If recent financial results are any indication, “the combined organization would be a top-three licensed producer in terms of combined Canadian recreational cannabis sales,” the statement notes. ....
/PRNewswire/ Chris Webber, entrepreneur, five-time NBA All-Star and Founder of Webber Wellness, today announced a partnership with Jason Wild and JW Asset. ....