Latest hemp investor group files plans to raise $100 million

Latest hemp investor group files plans to raise $100 million

The Ackrell filing is just the latest in a flurry of cannabis-related blank check or special purpose acquisition companies – better known as SPACs.

Cannabis-related blank-check IPOs raised more than $2.6 billion last year and more than $700 million through the first half of 2020, according to Viridian Capital Advisors.