Page 6 - Michael Auerbach News Today

Subversive Acquisition LP Provides Update on Qualifying Transaction With InterCure, Israel’s Leading and Fastest-Growing Cannabis Company Subversive Acquisition LP Has Met All Conditions of Closing and Expects to Close on or Before Friday April 23, 2021 SPAC Restricted Voting Units Currently Trade on the TSX Under the Symbol “SVX.U” and the OTCQX Under the Symbol “SBVRF” On Closing Common Shares of InterCure will Trade on the TSX Under the Symbol “INCR.U” and the TASE Under the S...

Author Bio I love looking at the "story" behind investments from an interdisciplinary point of view, with an equal appetite for high-growth disruptors and beaten-down value names. Today, Canadas cannabis companies are the only ones that trade on U.S. exchanges, but their businesses have struggled amid rampant oversupply. While U.S. cannabis companies are performing much better financially than their Canadian counterparts, their business is still illegal at the federal le...

Insurers Overwhelmed by Demand for D&O Coverage for Blank Check Companies By Katherine Chiglinsky and Jenny Surane | February 10, 2021 The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability policies for special purpose acquisition companies have been flooded by the listings that surged last year. That’s caused insurers to ratchet up their prices and seek ways to control...

The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability policies

Share this article Share this article Combined Company will be led by Chairman and Former Prime Minister of Israel Ehud Barak and CEO Alex Rabinovitch InterCure (dba Canndoc) has Doubled Revenues Sequentially in Four of the Last Five Quarters; Growth Plans Include Tripling Retail Footprint in 2021 Well-Positioned for Possible Substantial Market Expansion and Further Positive Free Cash Flow Growth in the Event of Adult-Use Cannabis Reform within the Next 24 Months US$65 Million Private Placemen...

Subversive Real Estate Acquisition REIT LP (OTCQX:SBVRF) (NEO: SVX.U) is teaming up with Israeli cannabis company InterCure Ltd. “We are excited to announce today’s qualifying transaction, which, upon closing, will allow our shareholders to participate in the upside of the Israeli cannabis market,” Michael Auerbach, founder of Subversive Capital, said Tuesday. The combined entity will be led by Israel Ehud Barak, who serves as chairman and Former Prime Minister, and CEO Alex Rabinovitch. ...

Carter has opened up a $10 million investment fund aimed at supporting minority-owned cannabis ventures. The Social Equity Ventures Fund is sponsored by Carter and the Parent Company, the parent company of Left Coast Ventures and CMG Partners. Through this fund, Carter aims to bridge the gap between the profitable, growing field and those that were negatively impacted by the Reagan administrations "War on Drugs" initiative. “It’s really unbelievable how that can happen,” Jay-Z told the �...

Subversive Capital Acquisition Corp. Closes The Largest Cannabis SPAC In History And Announces The Launch Of The Parent Company With Shawn "JAY-Z" Carter, Roc Nation, Caliva, And Left Coast Ventures The Parent Company, Formerly Subversive Capital Acquisition Corp., has Completed its Qualifying Transaction and is Now the Largest Vertically Integrated Cannabis Operation in California Shawn "JAY-Z" Carter, Chief Visionary Officer of The Parent Company, Leads Brand Strategy and The Parent Company S...

Investor Ideas Potcasts #518, Cannabis News and Stocks on the Move; (OTCQX: SBVCF) (NYSE: ACB) (TSX: ACB)

Share this article Share this article NEW YORK and TORONTO, Jan. 13, 2021 /PRNewswire/ -- Subversive Capital Acquisition Corp. (NEO: SCV.A.U, SCV.WT.U,OTCQX: SBVCF) (" SCAC"), a special purpose acquisition company, is pleased to announce that, after processing the notices of redemption received prior to the redemption deadline, SCAC will have an aggregate of US$381 million to execute on its growth strategy and fund transaction expenses and considerations. As previously announced, SCAC will acq...