Exclusive: BGP in talks with weed supplier HERBL to go public
... supplier BGP Acquisition is in talks with blank check company HERBL to go public at a valuation of about $600 million, sources familiar with the matter said. One of several U.S. weed companies tapping funds in anticipation of potential federal reforms. Santa-Barbara , California -based HERBL has seen its previous value cut in recent weeks to between $450 million and $500 million from over $630 million in the original agreement reached with BGP around June, sources said. That would translate to an ...
Updated: 08/12/2021
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