Sarah Jacobs/Business Insider
MedMen, one of the booming cannabis industry’s most recognizable brands, acquired medical marijuana retailer PharmaCann in a $682 million stock transaction, the companies announced on Thursday.
It’s the largest cannabis acquisition in the US to date.
The acquisition gives the combined firm access to 79 retail and cultivation licenses in 12 states.
MedMen, one of the most recognizable brands in the rapidly expanding cannabis industry, acquired the medical marijuana dispensary chain PharmaCann in a $682 million all-stock transaction.
It’s the largest cannabis acquisition in the US to date. See the rest of the story at Business Insider
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