Deal snapshot: Waitr to Acquire Cova Dispensary Compliance POS company for Proposed Price of USD 90m.

MANews-(C)2009-2021

Louisiana, US-based online ordering technology platform Waitr Holdings Inc. (NASDAQ: WTRH) has entered into a non-binding letter of intent (LOI) to acquire cannabis dispensary Retail Innovation Labs Inc. d/b/a Cova for a proposed purchase price of USD 90m, the company said.

The proposed purchase price would be paid in a combination of cash and shares of the company's...

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