15 Mar 2017
An industry in flux: Cannabis mergers, acquisitions on the riseBy John Schroyer Cannabis industry mergers and acquisitions have been on the rise over the past year, and industry watchers say the number of sales and transactions is almost certain to continue as the marijuana trade at large matures. A few examples from recent months:
- One of the oldest marijuana dispensaries in Denver was sold to a Colorado chain.
- The two top-selling recreational marijuana retailers in Washington state went on sale with an initial price tag of $50 million.
- A 58,000-square-foot MJ production facility in Las Vegas was put on the market.
- A longstanding California company