 |
KCSA Strategic Communications is handling Wall Street and the media in the $327M cannabis deal that has Safe Harbor Financial going public via a merger with blank check company, Northern Lights Acquisition Corp.
Established in 2015 by Partner Colorado Credit Union, Safe Harbor Financial has processed more than $11B in cannabis transactions in about 20 states.
It sees growth ahead as the US has more than 70K cannabis-tied businesses that expect combined revenues to double to more than $46B by 2025.
Sundie Seefried, CEO of Safe Harbor Financial, says her team has pioneered “what many consider the industry standard cannabis banking platform.”
Her goal is “to become a one-stop-shop for cannabis business financial needs.”
Kris Krane, founder/president of 4Front Ventures, which cultivates, distributes and processes cannabis, heads KSCA’s weed practice.
It was the first integrated PR/IR firm to launch a cannabis practice nine years ago.
Longacre Square Partners represents Ancora Holdings as it urges the board of Big Yellow Group to conduct a strategic review of the UK’s No. 1 self-storage company.
Kekst CNC handles Getty Images as it begins a prepackaged Chapter 11 reorganization and receives a commitment from Koch Equity Development and the Getty family to invest $533M in the visual content company.
As capital concentrates among established firms, emerging managers must find new ways to earn investor confidence.
Teneo handles True Food Kitchen as the Scottsdale, AZ-based wellness food restaurant chain that counts Oprah Winfrey as a minority investor files for Chapter 11.
FGS Global and Teneo represent Canada’s billionaire Weston family as its Wittington Investments holding company acquires Boots Group, the 177-year-old UK health & beauty retailer, from Sycamore Partners for $8.9B.
