Cronos inks deal to buy cannabis MSO PharmaCann stake for $110 million

MJBizDaily
By Matt LamersJun 14, 2021, 5:46 pm190 pts
A subsidiary of Toronto-based Cronos Group purchased an option to acquire approximately 10.5% of PharmaCann, one of the largest privately held cannabis companies in the United States, for $110.4 million (134 Canadian dollars). The deal, if executed, would give Cronos a toehold in the U.S. with which to expand…

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