Tokyo Smoke Announces Merger & Strategic Investment
Salveo Capital's portfolio company Tokyo Smoke announced yesterday a merger with @DOJA and strategic investment from Aphria, a leading licensed producer in Canada.
The announcement indicates a Binding Letter of Intent which would in effect would create a uniquely positioned cannabis company combining best-in-class craft cannabis producer with an award-winning lifestyle brand and retail-focused cannabis company. It is anticipated that the combined company resulting from the merger will be named "Hiku Brands Company Ltd." Hiku refers to the brand house containing premium cannabisbrands DOJA, Tokyo Smoke, and Van der Pop.