Creso Pharma’s merger with Canadian-based psychedelics company Red Light Holland (RLH) is off by mutual agreement, with Creso citing Covid-19, market conditions and shareholder feedback as reasons behind the move.
In June, the two firms announced a deal to create The HighBrid Lab, a global psychedelics and cannabinoid company, with Canopy Growth founder Bruce Linton expected to join as non-executive chairman.
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