A Cannabis Consolidation Binge Is Creating Top Tier Companies Two more major deals were announced on Tuesday.
As the year comes to a close, the cannabis industry is on a consolidation binge. Two big deals were announced today piling on after last week s big move by Aphria (APHA) and Tilray (TLRY) . Ayr Strategies (AYRWF) is buying Liberty Health Science (LHSIF) in a deal valued at $290 million, and Columbia Care (CCHWF) is buying privately-held Green Leaf Medical in a deal valued at $240 million.
Ayr Strategies
Florida
Ayr Strategies has grown quickly through acquisition and this latest purchase gets the company exposure in two of the three best medical markets in the country. The all-stock deal for Liberty is valued at $290 million. In this transaction, Ayr will be getting Liberty s 387-acre cultivation campus in Gainesville, FL with over 300,000 sq. ft. of current production facilities in operation, 28 open retail dispensaries, seven completed and ready-to-open dispens
Why medical marijuana in Pennsylvania is some of the most costly in the U S inquirer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.com Daily Mail and Mail on Sunday newspapers.
Trulieve Opens First Dispensary in Davenport
News provided by
Share this article
th location in Florida
TALLAHASSEE, Fla., Dec. 15, 2020 /PRNewswire/ - Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ( Trulieve or the Company ), a leading and top-performing cannabis company based in the United States, announced today the opening of a brand-new Florida dispensary, the Company s 74th nationwide. The new location marks the first dispensary to open in Davenport, bringing patients direct access to Florida s largest and broadest assortment of medical cannabis products.
The new dispensary supports Trulieve s goal of expanding and ensuring direct, reliable patient access to medical cannabis across its home state of Florida. It joins the Company s 68 other dispensaries statewide, including several in nearby Orlando and Lakeland.