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DEALS AND SUITS

Sansero Life Sciences and Rise Wellness complete merger with CannaGlobal and announce formation of CannaGlobal Wellness

Date closed: 9/3/2020

Value: Undisclosed

On September 3, 2020, CannaGlobal Canada Co. Inc., Sansero Life Sciences Inc., and Rise Wellness completed their amalgamation to form CannaGlobal Wellness, a global psychedelics leader focused on psilocybin and other natural compounds to promote emotional, mental, and physical wellness. Sansero Life Sciences is developing psilocybin-based pharmaceutical products to treat mental health conditions, and Rise Wellness has deep clinical and scientific expertise with psilocybin, including doing important work in both Canada and Jamaica.

BLG represented Sansero Life Sciences Inc. and Rise Wellness with a team led by Michael Saliken, Ravi Latour and Steph Savoie.