ESG News For Blake, Cassels & Graydon LLP
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Newly formed vertically integrated cannabis company to be named TPCO Holding Corp. (The Parent Company), will be the largest in CaliforniaShawn “JAY-Z” Carter will join The Parent Company as Chief Visionary Officer to guide brand strategy and The Parent Company Social Equity Ventures, a corporate venture fund investing in Black-owned and minority-owned cannabis businesses Entertainment powerhouse Roc Nation signs exclusive cannabis partnership with The Parent Company$36.5mm in equity commitments from existing and new shareholders provides sufficient cash to satisfy closing conditionsTransaction expected to close in January 2021Class A Units currently trade on the NEO under the symbol “SVC.A.U” and on the OTCQX under the symbol “SBVCF”Conference call and webcast available for replay
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