U.S. company acquires Canadian retailer Sessions Cannabis

  • 📰 TheStarPhoenix
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Arizona-based Item 9 Labs has acquired startyoursesh, one of Canada’s largest cannabis franchises - via TheGrowthOp cannabiscommunity cannabisculture medicalcannabis cannabiscures cannabiscup cannabissociety

Item 9 Labs manufactures its own cannabis products and is also the parent company of Unity Rd., a U.S. cannabis franchise developing more than 30 stores across the U.S.

The acquisition is the “first step to much deeper market penetration, both in Ontario and other provinces,” he added. “The Canadian cannabis market has grown tremendously over the past few years, and we have certainly felt that impact and benefited from first-mover advantage in several markets,” Fry said in a statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 253. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Leonine Acquires Berlin Production Company Hyperbole MedienThe KKR-owned mini-studio has added Bastian Asdonk's banner to its stable of production companies.
Source: THR - 🏆 411. / 53 Read more »

Best Buy Stock Earnings: BBY price supported by better revenue than expected in Q1Best Buy (BBY) stock is up 3.3% at $75 in the first half hour of Tuesday's session after the retailer reported better than anticipated sales figures.
Source: FXStreetNews - 🏆 14. / 72 Read more »