New York medical cannabis company sells for $18 million in cash, stock

The latest sale of a New York state medical marijuana business license is now a done deal. iAnthus Capital Holdings on Thursday completed the acquisition of Citiva Medical, one of 10 MMJ licensees in New York, for roughly $18 million, according to a news release. New York-based iAnthus paid $3.6 million in cash plus $14.4 […] New York medical cannabis company sells for $18 million in cash, stock is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs