This MSO Is Paying $42 Million to Rule Colorado : vimarsana.

This MSO Is Paying $42 Million to Rule Colorado


Author Bio
Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.
In a move aimed at tightening an already strong grip on a storied marijuana market,
Columbia Care (OTC:CCHWF) recently announced a new acquisition in Colorado. Last month, the multi-state operator (MSO) finalized a deal to acquire vertically integrated peer Medicine Man Denver for upfront consideration of $42 million, most of which will be paid in Columbia Care stock.

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