Folks,
I am making this first post to invite anyone, with interest, to post here.
I am not a big player in the cannabis sector, but I like this company's prospects.
The US will eventually reschedule cannabis and decriminalize it on the federal level.
Ten states have legal recreational cannabis and an additional 14 allow medical cannabis.
I think this new company can be a major player with the promotional names involved.
I am in for 1000 shares, today, at $10.15 and view it as a longer term hold.
Depending on how it plays out, I may build a larger position.
Steve
Chart
Daily chart About Subversive Capital Acquisition Corp. Subversive Capital Acquisition Corp. (SCAC) is a special purpose acquisition corporation incorporated under the laws of the Province of British Columbia for the purpose of effecting, directly or indirectly, a qualifying transaction within a specified period of time. Founded by Michael Auerbach and led by Chief Executive Officer, Leland Hensch, SCAC is dedicated to investing in radical companies whose core missions subvert the status quo. For more information, visit www.subversivecapital.com will be California's leading vertically-integrated cannabis company combining best-in-class operations with leading voices in popular culture and social impact.
The Parent Company brings together global icon and entrepreneur Shawn "JAY-Z" Carter, entertainment powerhouse ROC NATION, California's leading direct-to-consumer cannabis platform CALIVA, and leading cannabis and hemp manufacturer, LEFT COAST VENTURES, to form a cannabis industry leader for the post-prohibition era.
Chief Visionary Officer Shawn "JAY-Z" Carter, one of the most recognized and celebrated entrepreneurs of our time, will guide The Parent Company's brand strategy in partnership with Roc Nation, the world's preeminent entertainment company with a roster of culture-making artists, athletes and influencers.
The brands we build together will pave a new path forward for a legacy rooted in equity, access, and justice