The Parent Co. agrees to buy marijuana firm Coastal for up to $56.2 million

MJBizDaily
By John SchroyerOct 4, 2021, 2:27 pm233 pts
The Parent Co. said Monday it agreed to acquire 100% of the equity of California-based Coastal Holding Co. in a cash-and-stock deal worth up to $56.2 million, adding a new wrinkle to a set of lawsuits filed by the co-founders of MedMen Enterprises against five Coastal co-owners. In a news release, San Jose,…

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