Tons of cannabis are grown every year in the remote northern highlands of Madagascar’s Analabe region. However, even as legalisation is fast becoming a reality elsewhere in east and southern Africa, it remains strictly illegal in Madagascar. The cannabis-producing regions are home to armed tr.
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Executive Moves
Martha Stewart would become an official strategic advisor.
Erik Knutson as CEO of cannabis beverage company
Keef Brands. Tharp was previously president and COO, and Knutson will remain on the board.
Deals, launches, and IPOs
Aurora Cannabis filed for a $300 million stock sale on Thursday. The filing mentions a possibility of a US acquisition, MarketWatch reports.
Cannabis SPAC
Mercer Park Brand Acquisition Corp. said on Monday that it has upsized a previously announced equity investment to include $50 million from TPCO Holdings Corp. In total, Mercer Park has raised $135 million for the transaction.
HEXO Corpannounced on Monday it would acquire 48North Cannabis Corp in a C$50 million stock deal.