Execs of marijuana MSO Good Day Farm raising $65 million in equity offering

Main Hemp Patriot
1 Min Read

Some executives and financial backers of marijuana multistate operator Good Day Farm are affiliated with an Arkansas company aiming to raise $65.6 million to invest in Louisiana’s medical cannabis market and other locations.

According to a May filing with the U.S. Securities and Exchange Commission, NOLA PharmaHoldings sold $48.1 million in an equity offering.

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Besides Louisiana, the equity offering is targeting:

Arkansas. Florida. New York. Texas.

According to the filing, NOLA PharmaHoldings, is incorporated in Louisiana but has an Arkansas mailing address.

The filing also lists Alex Gray as CEO of Little Rock, Arkansas-headquartered NOLA PharmaHoldings.

Gray is chief strategy officer and president of sales at Good Day, according to Arkansas Business, which first reported the offering.

Other Good Day executives

Read full article on Marijuana Business Daily

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