Are marijuana megadeals on the rise?
The May 10 announcement that Florida-based Trulieve would acquire Arizona-headquartered Harvest Health & Recreation for $2.1 billion could indicate that big marijuana mergers are making a return.
Florida Medical Marijuana News
The May 10 announcement that Florida-based Trulieve would acquire Arizona-headquartered Harvest Health & Recreation for $2.1 billion could indicate that big marijuana mergers are making a return.
After several months of smaller, more focused transactions, Florida-based Trulieve’s $2.1 billion deal to acquire Harvest Health & Recreation could mark a resurgence in cannabis megamergers, industry experts say.
Florida-based Trulieve Cannabis announced an agreement to acquire Arizona-based Harvest Health & Recreation in an all-stock deal valued at about $2.1 billion and touted as the largest U.S. marijuana transaction to date.
Valens Co. has agreed to purchase Florida hemp-CBD manufacturer Green Roads in a $40 million deal that will allow the Canadian marijuana producer to enter the United States cannabinoid market.