Page 6 - மர்ஸர் பூங்கா பிராண்ட் கையகப்படுத்தல் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

2 Min Read (Reuters) - Glass House Group, California’s largest pot producer, said on Thursday it would go public by merging with a blank-check firm backed by industry veteran Jonathan Sandelman, in a deal worth more than $1 billion. Undated handout image of Glass House marijuana products. Glass House/Handout via REUTERS The company’s merger with Sandelman’s Mercer Park Brand Acquisition Corp makes it the latest pot producer to list on Canada’s NEO exchange, a favorite destination for companies looking to raise funds for meeting untapped demand for marijuana from potential U.S. federal legalization. Under the deal, Glass House would acquire licenses of pot retailer Element 7 in California and buy a 5.5 million-square- foot greenhouse that would be converted to grow cannabis, helping it cement its position as the state’s biggest producer and retailer.

United statesShariq khanJonathan sandelmanThomson reuters trust principlesCannabis strategies acquisition corpSandelman mercer park brand acquisition corpUltra healthAyr wellness incGlass house groupHouse groupGlass houseMercer park brand acquisitionThomson reuters trustஒன்றுபட்டது மாநிலங்களில்ஷரிக் காந்தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ்