Scythian Biosciences invests in PRØHBTD

1 minute read
01 August 2018

Team:

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.


NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.

Related   Cannabis