San Francisco cannabis retailer acquired by Canada’s TerrAscend for $118M

MJBizDaily
By John SchroyerFeb 11, 2019, 2:21 pm125 pts
Canadian marijuana firm TerrAscend announced it will acquire California-based The Apothecarium in a deal worth more than $118 million (157 million Canadian dollars). In a news release, the Toronto-based company said the deal’s terms included $73.7 million in cash plus another $44.7 million worth of stock. In…

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