trending Market Intelligence /marketintelligence/en/news-insights/trending/RilvuayJxlUgcXUX6iSdJQ2 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

WeedMD completes Starseed buy, receives C$25M investment from pension fund

COVID-19 Pandemic Likely To Cause US Telemedicine Boom

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


WeedMD completes Starseed buy, receives C$25M investment from pension fund

WeedMD Inc. completed its acquisition of Starseed Holdings Inc. and received C$25 million as direct equity investment from the Labourers' Pension Fund of Central and Eastern Canada.

There will be a special meeting of WeedMD shareholders related to the strategic investment and final issue price of each subscription receipt under the LPF private placement, scheduled for Feb. 4, 2020, WeedMD said in a Dec. 23 press release.

As the deal closes, WeedMD will issue 71.8 million shares to Starseed shareholders, after which WeedMD will hold 62% of the combined company, while Starseed shareholders excluding LPF will own an 18% stake and LPF a 19.9% stake, on a fully diluted basis.

Once WeedMD obtains shareholder approval for the strategic investment, pro forma ownership in the combined company will be: 55% for WeedMD shareholders, 16% for Starseed shareholders excluding LPF and 29% for LPF on a fully diluted basis.