Tweed and Bedrocan to Merge

June 24, 2015

Earlier today, Tweed Marijuana Inc. and Bedrocan Cannabis Corp. announced that they have have agreed to merge. It is an all-stock acquisition by Tweed that values Bedrocan at $61 million based on the $1.80 per share closing price of the TMI shares on the TSX Venture Exchange on June 23, 2015.  The transaction will close in August.

LaBarge Weinstein is acting for Tweed with a team that includes Debbie Weinstein, Daniel Scott, Kyle Lavender, Tayyaba Khan, and Nick Jasperse.

Read more here.

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