Subversive Capital, a cannabis real estate SPAC,
in California, Florida, Ohio and other states. The deal converts Subversive from a SPAC into a publicly-traded cannabis REIT.in select dispensaries in California. Pabst Labs was founded by a group from the eponymous beer company, which licensed out its name for the cannabis beverage. . The all-stock transaction is expected to close before the end of 2020, giving the newly combined company a value of $54 million.
with Bain Capital-backed German pharma company STADA. The deal will eventually allow MediPharm to ship its cannabis in Germany and across all of STADA's markets, where laws allow. Illinois Governor J.B. Pritzker, who has already pardoned over 11,000 individuals for cannabis-related offenses, said on Tuesday thatas part of a larger effort to create a "more equitable criminal justice system.
Vermont Gov. Phil Scott said on Wednesday that the state will finally allow recreational marijuana sales, by allowing a bill passed by Vermont's legislature to take effect without his signature. Vermont legalized cannabis in 2018 for adults over the age of 21 but did not specifically allow commercial sales within the state. on Friday morning in Maine after the state legalized marijuana in 2016.
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