M&A Continues apace in the Cannabis Sector
M&A Continues apace in the Cannabis Sector
MJ Biz write
Massachusetts-based Curaleaf, a vertically integrated cannabis company, agreed to acquire Portland, Oregon-based Cura Partners in an all-stock deal worth 1.27 billion Canadian dollars ($949 million).
Curaleaf will issue 95.6 million subordinated voting shares, giving Cura a roughly 16% stake in the company.
Source:
Cannabis group Curaleaf to acquire Cura Partners for CA$1.27 billion
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