05 Apr 2017

Canadian marijuana grower strikes deal to enter U.S. market

Aphria – one of Canada’s largest medical marijuana producers – kicked off a U.S. expansion plan with an investment of 25 million Canadian dollars ($18.63 million) that will lead to the purchase of a licensed CBD business in Florida. When the complex deal is done, Aphria will have established a foothold in Florida with the goal of eventually extending its reach to other medical marijuana markets in the United States, according to a news release. Aphria plans to put the CA$25 million into private holding company DFMMJ Investment, which, in turn, will buy Chestnut Hill Tree Farm in Alachua, Florida, near ... Canadian marijuana grower strikes deal to enter U.S. market is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs


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