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$65.6M Equity Offering Led By Good Day Farm Signals M&A Activity - What's The Big Picture?

Benzinga ·  Jun 27 01:57

Executives and investors linked toGood Day Farm, a prominent marijuana multistate operator (MSO), are engaging in a significant financial maneuver with plans to raise $65.6 million.

This equity offering, spearheaded byNOLA PharmaHoldingsaims to bolster its presence in Louisiana's medical cannabis market with additional sites in Arkansas, Florida, New York and Texas.

SEC Filing Details

A recent filing with the U.S. Securities and Exchange Commission (SEC) in May revealed that NOLA PharmaHoldings has already raised $48.1 million. MJBizDaily reported that the company, incorporated in Louisiana, operates out of an Arkansas location, emphasizing its multi-state operational base.Alex...

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