Valens Closes $40 Million Acquisition of CBD Manufacturer Green Roads

New Cannabis Ventures
By NCV NewswireJun 21, 2021, 7:29 am216 pts
The Valens Company Completes Acquisition of Leading US CBD Company, Green Roads Creating a global leader in the cannabis health and wellness market Purchase of Green Roads for US$40 million equating to approximately 1.8x 2020 revenue with maximum earnout of US$20 million subject to achieving certain EBITDA…

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