Columbia Care Acquires Project Cannabis for $69M Cash and Stock Deal

Ganjapreneur
By TG BranfaltSep 9, 2020, 11:04 am220 pts
New York-based Columbia Care has signed a deal to acquire California’s Project Cannabis in a $69 million stock and cash deal. Project Cannabis brands include Triple Seven and Classix. Under the terms of the deal announced on Tuesday, $57 million will be paid in Columbia Care stock while $12 million will be…

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