Cannabis companies are going public through SPACs. Photo credit: rthanuthattaphong. Popular canna-companies; Leafly, Weedmaps and High Times have all announced plans to go public through a Special Purpose Acquisition Company (SPAC). But what exactly does this mean? What is a SPAC? When a company decides to go public, which they typically do through an Initial Public … [Read more...] about Canna-Companies Going SPAC; What is it?
Dutchie, a cannabis tech company that provides customers with safe online access to their local dispensaries, has made industry history. This past week, Dutchie announced a valuation of $1.7 billion while completing its series C goal to raise $200 million. Two newly acquired businesses now join the family, Leaflogix and Greenbits, with the introduction of new leadership. … [Read more...] about Dutchie Makes Big Moves While the Stock Market Remains a Confusing Place for Cannabis
Written by Jeffrey Welsh and Justin Keller, Frontera Law Group You’ve heard that cannabis has been legalized for recreational use; you’ve seen billboards around town advertising cannabis delivery services; you’ve walked through the sleek, new dispensary that just opened; you’ve heard about cannabis companies going public in the U.S. and Canada and making millions. You’ve been … [Read more...] about So, You Want to Invest?