Tuatara-backed SPAC raises $175 million to target cannabis acquisitions

MJBizDaily
By Jeff SmithFeb 16, 2021, 3:00 pm211 pts
Tuatara Capital Acquisition, a cannabis-focused special purpose acquisition company (SPAC), said it raised $175 million in an initial public stock offering with an option for its underwriters to purchase and sell an additional $26.3 million worth of securities. SPACs, also known as blank-check companies, are…

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