Valens to acquire craft cannabis firm Citizen Stash for CA$54.3 million

MJBizDaily
By Solomon IsraelAug 31, 2021, 10:31 am222 pts
Kelowna, British Columbia-based cannabis extractor The Valens Co. has announced a 54.3 million Canadian dollar ($43 million) deal to acquire premium flower company Citizen Stash Cannabis Corp. The all-stock transaction will see shareholders of Mission, B.C.-based Citizen Stash receive 0.162 Valens shares for…

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