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Cansortium mainly focuses on the Florida cannabis market, but also owns small assets in Texas, Pennsylvania, and Michigan. Florida is an attractive cannabis market for MSOs due to its limited licenses and fast-growing medical market. We view the stock as speculative as its cheap v...
Cannabis business consulting firm Nucleus One recently released the findings of their February 2021 Massachusetts Adult-Use Marijuana Market Report. Nucleus-One tracks and analyzes data from the Cannabis Control Commission of Massachusetts. February’s ...
It’s time for your Daily Hit of cannabis financial news for February 22, 2021. On the Site New Jersey On Monday, New Jersey’s Democratic Governor Phil Murphy signed legislation that legalizes adult-use marijuana possession and licenses retail ma...
Ceres Acquisition Corp. (CERAF) has reached a SPAC deal to take cannabis retailer Parallel public at a $1.9B valuation. The cannabis firm is headed by William “Beau” Wrigley Jr., the billionaire heir to the Wrigley’s chewing gum fortune.Parallel will net out some $430M in...
/C O R R E C T I O N -- Parallel/ Canada NewsWire In the news release, Parallel and Ceres Acquisition Corp. Announce Business Combination to Create a Publicly Traded U.S. Cannabis Well-Being Company, issued 22-Feb-2021 by Parallel over PR Newswire, we are advised by ...
Privately-held multi-state cannabis operator Parallel and special purpose acquisition corporation (SPAC) Ceres Acquisition Corp . (OTCQX: CERAF ) have entered into a definitive business combination agreement involving a transaction that, if completed, would resul...
Parallel and Ceres Acquisition Corp. Announce Business Combination to Create a Publicly Traded U.S. Cannabis Well-Being Company Canada NewsWire Transaction expected to fuel the growth of Parallel's U.S. footprint and enhance its mission to pioneer well-being and im...
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TORONTO, Dec. 19, 2022 (GLOBE NEWSWIRE) -- Ceres Acquisition Corp. (“ Ceres ” or the “ Corporation ”) announced today that the previously announced automatic redemption (the “ Redemption ”) of the Corporation’s Class A restricted voting...
TORONTO, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) (“ Ceres ” or the “ Corporation ”) announced today that its board of directors has determined that the Corporation will be wound-up in accordance with its ar...
TORONTO, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Ceres Acquisition Corp. (NEO: CERE.U, CERE.WT; OTCQX: CERAF) (“ Ceres ” or the “ Corporation ”) announced today that it is seeking an extension to its permitted timeline, from December 16, 2022 to March 3, 20...