Pono Capital Corp (PONO) to Combine with Benuvia in $440M Deal

Pono (NYSE:PONO) has entered into a definitive agreement to acquire Benuvia, Inc., a drug developer focused on pharmaceutical cannabinoids, at an enterprise value of $440 million. The Arizona-based company owns an FDA approved cannabinoid drug SYNDROS (dronabinol oral solution CII), and synthetic cannabinoid manufacturing facilities in the U.S. The combined company is expected to trade
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