Special Purpose Acquisition Companies (SPAC) aka Blank Check companies are a topic that gets very little attention.
Now, you may have never heard of this type of investment vehicle, but they are making an impact on the finance sector of the cannabis industry. Heard of MJ Freeway?
They were acquired by a SPAC (Special Purpose Acquisition Company) in mid-2019.
In this video, we will help you to better understand:
+ What are SPACs and how do SPACs work?
+ SPAC stock explained
+ How do SPACs raise money through SPAC IPO?
+ Cannabis Industry SPAC
+ List of Recent Cannabis SPAC’s
+ Limitations and Risks of SPAC
+ Should you consider selling your cannabis company to a SPAC?
If you need help with cannabis audits, due diligence, or improving the financial performance of your cannabis business, then please reach out to us today (https://greengrowthcpas.com/get-started/) or call 800-674-9050.
Source: GreenGrowth CPAs – SPACs IPO Explained