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Steve Allan

A consortium made up of CMG Partners Inc., Left Coast Ventures Inc. and Shawn Carter (Jay-Z) with his company Roc Nation has finalized its previously announced transaction with Subversive Capital Acquisition Corp. (OTCQX: SBVCF).
The newly formed company. Read More.
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The Parent Company

The Parent Company
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.

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BLUMA WELLNESS INC by Bluma Wellness Inc. (BMWLF), CURALEAF HLDGS INC by Curaleaf Hldgs Inc. (CURLF), GW Pharma (GWPH), Red White & Bloom Brands (RWBYF), Subversive Capital (SBVCF), S&P Dep Receipts (SPY), Molson Coors Brewing Company (TAP) - The Week In Cannabis: Stocks Spike By Double Digits On Earnings, Strong Sales, Financings

Sale Trends
Cannabis sales in Michigan hit $984.6 million in 2020. Medical cannabis sales accounted for $474 million for the year, while adult-use sales reached $510.7 million.
Rhode Island and the Soboba Band of Luiseno Indians received approvals from the U.S. Department of Agriculture (USDA) for its hemp regulatory proposals.
The Christmas and New Year’s holidays marked the single biggest cannabis sales period of 2020. The period between Dec. 18 and Dec. 24 generated roughly $427 million, according to
Akerna (NASDAQ:KERN). The largest sale day of the period was Wednesday, Dec. 23, with $87.3 million, making it the third largest cannabis sales of the year, just behind Green Wednesday with $87.4 million. Exceeding all expectations, New Year’s Eve was the single biggest sales day of 2020 with $89.4 million. ....

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Subversive Capital (SBVCF) - Jay-Z Touts 'End Of Cannabis Prohibition' As Roc Nation Finalizes SPAC Deal With Caliva, Left Coast Ventures

This is an incredible time for this industry,” Carter said in a prepared statement. “The end of cannabis prohibition is here, and The Parent Company will lead the charge to a more expansive and inclusive cannabis industry. We are paving a path forward for a legacy rooted in dignity, justice, care, and consistency. The brands we build will redefine growth, social impact, and social equity. This is our time. I m proud and excited to lead the vision of The Parent Company.
Deal Details
The merger was previously announced in November:
Caliva agreed to acquire OG Enterprises Branding Inc., then owned by Caliva and Carter at a 50/50 ratio. ....

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