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Cannabis Companies On The Move: Greenlane And KushCo Shareholders To Vote On Proposed Merger 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.
KushCo Holdings, Inc. (OTCQX:KSHB) are one step closer to finalizing their recent merger. In March, the companies announced that KushCo had agreed to become a wholly-owned subsidiary of Greenlane under an all-stock deal. On Tuesday, the companies reported the expiration of the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for the proposed merger. We welcome this latest development in the formation of the combined company and look forward to continued progress on the remaining steps required to complete the transaction, Nick Kovacevich, co-founder, chairman and CEO of KushCo, said. We are excited to begin our work together and to begin realizing the potential opportunities and proposed synergies provided by this transformational combination to accelerate and execute on the significant market opportunities in our evolving industry. ....
KushCo Holdings and Greenlane complete key regulatory condition for proposed merger The transaction is expected to close in the third quarter of 2021, subject to the satisfaction or waiver of all remaining conditions The regulatory condition was the expiration of the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act KushCo Holdings Inc (OTCQX:KSHB) and Greenlane Holdings Inc (NASDAQ:GNLN) (FRA:G67) have announced the expiration of the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act in connection with their proposed merger. In a statement, KushCo said the transaction is expected to close in the third quarter of 2021, subject to the satisfaction or waiver of all remaining conditions in the agreement, including the receipt of all necessary approvals. ....
Delic Holdings Appoints Dr. Eric Janusson As Lead Chemist Complex Biotech Discovery Ventures Ltd., a licensed cannabis and psilocybin research laboratory, has appointed Dr. Eric Janusson as its lead chemist. The news was released Wednesday by psychedelic wellness-focused company Delic Holdings Inc. (CSE:DELC) (OTCQB:DELCF), which plans to acquire the laboratory. Janusson, who specializes in real-time methods for the quantification and characterization of sensitive chemical intermediates, earned his Ph.D. in analytical chemistry at the University of Victoria in 2017. Dr. Markus Roggen, Director of Delic Corp & Founder of CBDV, said he was excited to have Janusson on board. [Janusson] is instrumental to combine our analytical platforms with our machine learning capabilities, Roggen added. ....
KushCo Holdings, Inc.: Greenlane and KushCo Announce Future Enterprise Leadership Team for Proposed Combined Company Leadership Team Will Focus on Delivering Revenue and Cost Synergies, Growing Profitability, and Maximizing Value for All Shareholders BOCA RATON, FL and CYPRESS, CA / ACCESSWIRE / April 30, 2021 / Greenlane Holdings, Inc. ( Greenlane ) (NASDAQ:GNLN) and KushCo Holdings, Inc. ( KushCo ) (OTCQX:KSHB) today announced the enterprise leadership team that will helm the proposed combined Greenlane and KushCo businesses following the consummation of the proposed merger (the Transaction ). As previously announced, Nick Kovacevich will lead the combined company as Chief Executive Officer. Greenlane s Bill Mote will serve as Chief Financial Officer, with Greenlane Co-founder Aaron LoCascio serving as President and Greenlane Co-founder Adam Schoenfeld serving as Chief Strategy Officer. ....