NEWS

Subversive Capital Acquisition Corp., Announces Transactions with Shawn “JAY-Z” Carter, Roc Nation, Caliva and Left Coast Ventures

November 25, 2020

New York – Paul Hastings LLP, a leading global law firm, recently represented Subversive Capital Acquisition Corp. (SCAC) in definitive transaction agreements with global icon and MONOGRAM founder, Shawn “JAY-Z” Carter; entertainment powerhouse Roc Nation; CMG Partners Inc. (Caliva), California’s leading cannabis brand and direct-to-consumer platform; and Left Coast Ventures, Inc., a predominant cannabis and hemp company with a diversified portfolio of brands. SCAC is a special-purpose acquisition company.

The combination will form TPCO Holding Corp., the largest vertically integrated cannabis company in California. SCAC is the largest SPAC in both cannabis and Canadian history.

The Paul Hastings team was led by Corporate partner Barry Brooks and included Corporate partners Mike Huang and Mike Zuppone, Tax partner Joseph Opich; of counsels Keith Pisani, Jason Hill, and Colin Brown; and associates Michael Renner, Kelly Padgett, Jonathan Simons, Lidia Anastasio, and Joseph DiCarlo.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.