Scythian Biosciences invests in PRØHBTD

1 minute read
01 August 2018


On August 1, 2018, Scythian Biosciences Corp. (TSXV: SCYB) (Frankfurt: 9SB) (OTC – Nasdaq Intl: SCCYF) announced that it had invested in and entered into a strategic partnership with PRØHBTD Media, Inc. Under the terms of the agreement, Scythian will invest US$1.2 Million in PRØHBTD and consult with the company’s leadership to help drive future growth around new brand initiatives.

PRØHBTD,  a leading global cannabis media and brand platform, has built a first-of-its-kind cannabis ecosystem that includes a brand creation and product development platform, complemented by an original content studio and the first and largest multi-platform video network in the cannabis industry.

Scythian is an international cannabis company with a focus on the world’s leading markets outside of Canada.

Peter Simeon and Josh Almario of Gowling WLG advised Scythian with respect to this investment and partnership.

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