TORONTO–(BUSINESS WIRE)–Nov 24, 2020–
Subversive Capital Acquisition Corp. ( NEO: SVC.A.U, SVC.WT.U; OTCQX: SBVCF ) (“SCAC”), a special purpose acquisition company (SPAC), today announced it has entered into definitive transaction agreements (the “Agreements”) with global icon, entrepreneur and MONOGRAM founder, Shawn “ JAY-Z” Carter, entertainment powerhouse Roc Nation, CMG Partners Inc. ( Caliva ), California’s most trusted cannabis brand and leading direct-to-consumer platform, and Left Coast Ventures, Inc. ( Left Coast Ventures ), a predominant cannabis and hemp company with low-cost manufacturing and a diversified portfolio of brands, to form TPCO Holding Corp. ( The Parent Company ) (the “Transaction”). SCAC is the largest SPAC in both cannabis and Canadian history and will seek to redefine the industry with a mission to both consolidate the California cannabis market and create…