Four cannabis companies are combining to create a new company, TILT, that will produce and deliver marijuana. As more states allow recreational marijuana, TILT can build infrastructure for production and distribution based on that individual market's demand and regulations, says Alexander Coleman, the CEO of TILT.
For full interview, [click here](https://cheddar.com/videos/new-conglomerate-in-marijuana-industry-wants-to-be-amazon-of-weed).
Lionsgate announced its studio division is going to spin off in a merger with Screaming Eagle Acquisition Corp., which is a special purpose acquisition company.