Tag: Ayurcann

The Daily Hit: November 21, 2024

The Daily Hit is a recap of the top financial news stories for Thursday, November 21, 2024. On the Site Cannabis stocks up briefly Thursday before plunging on Gaetz withdrawal The potential appointment of a pro-cannabis attorney general had boosted sentiment among cannabis investors. Read more here. Agrify gets $26M lifeline as GTI’s Kovler eyes […]

Ayurcann terminates SPAC deal, citing regulatory filing failures

Canadian cannabis manufacturer Ayurcann Holdings Corp. (CSE: AYUR) (OTCQB: AYURF) terminated its planned business combination with Arogo Capital Acquisition Corp. (NASDAQ: AOGO), a special purpose acquisition company, citing failures to meet key regulatory requirements. The Ontario-based company sent Arogo a termination letter stating the SPAC failed to fulfill covenants related to stock exchange listing and […]