Columbia Care Signs Definitive Agreement to Acquire California-Based Project Cannabis

Cannabis Business Times
Sep 14, 2020, 4:10 pm354 pts
NEW YORK, N.Y., September 8, 2020 – PRESS RELEASE – Columbia Care Inc. has signed a definitive agreement to purchase Project Cannabis, an award-winning cannabis company based in Los Angeles, Calif., for approximately $57 million in Columbia Care stock and approximately $12 million in cash from the proceeds…

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