Gold Flora Corp (GRAM)

[pauly3]

I’m surprised as well. I think it’s because information regarding this particular spac has been tough to find and not always accurate. As in the case of this clip from an article about M&A in the cannabis industry from Alan Brocstein, where he incorrectly refers to the resulting merger of Caliva and Left Coast Ventures as becoming Silver Spike instead of The Parent Company. Here is the clip from the article:


One state that we think is likely to be the hottest is California. The market was slow to develop, but it has had solid growth over the past several months. Looking ahead, retail store openings and the expansion of delivery services are likely to drive further growth. The pace of M&A has already accelerated. Cresco Labs acquired Origin House in early 2020, and, more recently, Columbia Care closed the acquisition of Project Cannabis. The pending merger of Caliva and Left Coast Ventures into the Silver Spike SPAC, a deal that is expected to close in January, could inspire other large MSOs, largely absent from the market, to get involved. One that comes to mind is Curaleaf. Its incoming CEO, Joseph Bayern, essentially said so in a recent interview with New Cannabis Ventures. Green Thumb Industries, which has a small presence in California but has been cautious thus far, could get more aggressive in 2021.