Day: June 28, 2022

Safe Harbor Financial SPAC Deal Likely to Close Today

The Northern Lights Acquisition Corp. (NASDAQ: NLIT), a special purpose acquisition corporation, rescheduled its special meeting of stockholders to Monday, June 27, 2022 at 4:00 pm ET. The vote was originally planned for June 24 in order to approve Safe Harbor Financial as the qualifying transaction for the SPAC. The deal is valued at $185 million or 9.1x 2023 EV/EBITDA vs. 9.7x …

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Delta-8 Products Limited to Oregon’s Licensed Marijuana Stores Starting This Friday

Delta-8 THC products will be available only in Oregon’s licensed recreational cannabis outlets after a state law passed last year that placed the CBD-derived compound under the same regulations that cover legal marijuana. The law, which becomes effective this Friday, July 1, makes Oregon the first state in the U.S. to order removal of such …

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