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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Prior to launching Cannabiz, Martin was co-founder and CEO of Asia-Pac’s leading B2B media and marketing information brand Mumbrella, overseeing its sale to Diversified Communications in 2017. A journalist...

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