Canadian acquisition company to acquire five US cannabis firms

MJBizDaily
By Lisa Bernard-KuhnOct 22, 2018, 8:00 am151 pts
Toronto-based Cannabis Strategies Acquisition Corp. (CSAC) has inked a deal to acquire five U.S. cannabis firms, with plans to combine the operations. CSAC – a special purpose acquisition company that is listed in Canada (CSA/A:CN) – will pay a total of 99 million Canadian dollars ($76 million) in cash for…

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