Columbia Care to Acquire Medicine Man in $42M Deal

Ganjapreneur
By TG BranfaltJun 16, 2021, 10:30 am220 pts
New York-based multi-state cannabis operator Columbia Care Inc announced on Tuesday a deal to acquire Colorado’s Medicine Man Denver for $42 million in cash and stock. Medicine Man last year outperformed the broader Colorado market with sales growth of 42% compared to 24% for the state and 64% year-to-year…

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