The Parent Co., Glass House terminate $50M cannabis investment deal

MJBizDaily
By Solomon IsraelJul 6, 2021, 3:00 pm222 pts
The Parent Co.’s planned $50 million strategic investment in California cannabis company Glass House Group has been broken off. The Parent Co., based in New York, did not give a reason for the deal’s termination in a news release, beyond saying that it was “terminated by the parties effective (July 2) and…

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