$2.1 Billion Dollar Cannabis Merger – Truileve Acquires Harvest – Cannabis legalization news. May 10, 2021.
But I’m here to tell you that Truileve has shown you why you might want to start as a C Corp. When you begin your huge monolithic MSO cannabis company that’s totally going to survive and be awesome. So anyway, trulieve is going to acquire harvest health for $2.1 billion in stock. The reason that’s an all stock deal is because it’s two corporations that are traded, and so they can absorb one another in that. It’s one of the reasons but I just saw that I’m like, Oh my gosh, that is a split take worthy headline because that’s the largest cannabis merger I’ve heard of, at least this year. And the largest one I don’t think will ever happen.
That was the acreage holding and also I think who’s the one that went with acreage holding maybe was canopy was predicated on them, actually legalizing it at a federal level. And if you are here to advocate legalizing and on a federal level, don’t forget to click the thumbs up and tell us in the comments what state you want to see legalized next. And if you’d like a cannabis license, it’s gonna be very difficult to get one by yourself in a neighborhood like this where trulieve has acquired harvest health for $2.1 billion truly is the only profitable cannabis MSO. that’s out there, mostly because it owns half of Florida. And it’s wonderful.
There’s this press release that came out this, this merger probably resulted in hundreds of 1000s of dollars in legal fees, hundreds of 1000s of dollars in legal fees. So there’s an arrangement agreement pursuant to what which truly will acquire all of the issued and outstanding subordinate voting shares, multiple voting shares and super voting shares the harvest shares, how many types of shares does your cannabis company have?