Canadian firm to manage, but not buy, Florida MMJ company

Although a proposed deal for a Canadian medical marijuana company to purchase one of Florida’s MMJ licensees apparently has fallen through, another deal has taken its place. DFMMJ Investment LLC, which is owned by Liberty Health Sciences, will take over management of Florida’s Chestnut Hill Tree Farm, one of the state’s seven licensed medical cannabis producers under Florida’s current CBD-focused program. And Aphria, the Canadian MMJ producer that tried to buy Chestnut Hill, is the primary investor in Liberty, according to the News Service of Florida. Under the terms ... Canadian firm to manage, but not buy, Florida MMJ company is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs