Curaleaf agrees to acquire marijuana giant Grassroots for $875 million

MJBizDaily
By Nick ThomasJul 17, 2019, 1:05 pm103 ptsTrending
Massachusetts-based Curaleaf, a cannabis company with a market cap of about $3.6 billion, on Wednesday agreed to buy privately owned Grassroots for $875 million in stock and cash. Curaleaf said the transaction – $75 million of it is in cash, the rest in stock – “solidifies” its position as the world’s largest…

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