Articles by Jenel Stelton-Holtmeier :
If we are investing in companies, there is only one bet we are making – and it’s on humans.
Public companies led the charge in acquisitions this week, targeting private firms for growth in geography and product lines in more than two-thirds of the deals closed.
The ideal standard for the cannabis industry, according to both hemp and marijuana insiders, would be to have a single set of rules around key business operations, from production to packaging and labeling.
Florida-based Trulieve Cannabis Corp. reported revenue for the first quarter of $44.5 million, nearly triple the $15.2 million recorded a year ago.
The number of completed M&A deals in the cannabis space remains significantly higher so far this year compared with a similar period in 2018 – and private companies are largely leading the way.
The marijuana retail and cultivation segment continues to lead the pack with regard to capital raises and acquisition activity.