Announced
Financials
Sources
Tags
Pending
cannabis
Pharmaceuticals
Single Bidder
Acquisition
Friendly
Domestic
United States
Private
Majority
Synopsis
The Parent Company, a California’s vertically integrated cannabis company, agreed to invest in Josephine & Billie’s, a Los Angeles-based cannabis brand. Financial terms were not disclosed. “Whitney is a singular leader in cannabis with a truly standout mission – creating a space specifically for Women of Color. Her innovative business plan is the perfect complement to our growing omnichannel footprint, and Whitney herself is exactly the kind of visionary entrepreneur for whom our social equity fund aims to clear the path to success and leadership in this complicated and challenging industry,” Steve Allan,The Parent Company CEO.
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