Mercer Park Brand Acquisition set a June 2 date for shareholders to vote on the SPAc’s proposed merger with Glass House Group, a cannabis business based in California.
If approved, the $567 million deal is expected to close shortly thereafter. Announcement of the shareholder meeting date comes on the heels of the SPAC’s request two weeks ago for shareholders to support a deadline extension until July 30.
Glass House cannabis operations include cultivation and wholesale, and retail licenses. Read more.