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Greenrose Acquisition buys four companies to build U.S. cannabis network


The Globe and Mail
Shariq Khan
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Blank-check company Greenrose Acquisition Corp said it would buy four private companies to build a cannabis cultivation, distribution and retail network across seven U.S. states, betting on the nation’s pot industry opening up soon.
Dealmaking in the U.S. cannabis industry has surged in recent months on expectations that President Joe Biden’s administration will relax federal prohibition and make it easier for companies to operate similarly to rivals in the alcohol or tobacco industries. ....

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