trending Market Intelligence /marketintelligence/en/news-insights/trending/ma6pd9qfitnlmtyvuls5lw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Scythian Biosciences reaches binding agreement to buy medical cannabis company

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform


Scythian Biosciences reaches binding agreement to buy medical cannabis company

Scythian Biosciences Corp. entered a binding agreement to buy MMJ International Investments Inc. after having extended the deadline twice for finalizing an agreement.

MMJ International owns ABP SA, a pharmaceutical import and distribution company that holds the first and only cannabis license in Argentina.

Under the business combination agreement, Scythian will acquire all the issued and outstanding common shares of MMJ through a wholly owned unit.

In exchange, Toronto-based Scythian will issue 6,176,320 of its common shares to MMJ shareholders.

The binding agreement supersedes the previous nonbinding letter of intent between the companies, which had been extended twice until May 11.

Scythian's focus is on preventing and treating concussions and traumatic brain injuries with its cannabinoid-based drug therapy.