MTech Acquisition Corp. and MJ Freeway LLC Announce Merger Agreement
- Transaction Supported by MJ Freeway Owners, Including Prominent Tech Investor Roger McNamee
- Implementing MTech’s Strategy to Provide Investors with Access to Cannabis Technology Sector
NEW YORK, Oct. 11, 2018 /PRNewswire/ — MTech Acquisition Corp. (NASDAQ: MTEC) (“MTech”), the first US-listed Special Purpose Acquisition Company focused on acquiring a business ancillary to the cannabis industry, and MJ Freeway LLC (“MJ Freeway”), a leading seed-to-sale technology provider and developer of the cannabis industry’s first enterprise resource planning platform, announced today they have entered into a definitive merger agreement. Following the consummation of the transaction, MTech and MJ Freeway will become subsidiaries of a newly-formed holding company (“Pubco”) to be listed on The Nasdaq Stock Market. Following the closing of the transaction, if there are no
... read more at: https://www.newcannabisventures.com/mj-freeway-to-trade-on-the-nasdaq-following-merger/