Mountain Crest Acquisition Corp (MCAC)

[@LaughinPaulRyan]

Playboy Enterprises is in exclusive talks with Mountain Crest Acquisition, a blank check company headed by Chinese national Suying Liu, that would enable the once-iconic brand to return as a publicly traded company, The New York Post's Keith Kelly reports. A key ambition of the firm would be to expand into sexual wellness products, including those that treat erectile dysfunction, the author notes. The company also hopes its media holdings will help it branch into other areas, including liquor and cannabis, and has already begun marketing a CBD product, the report adds.

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