High-end marijuana retailer MedMen just spent $682 million on the largest US cannabis acquisition in history

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High-end marijuana retailer MedMen just spent $682 million on the largest US cannabis acquisition in history
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MedMen, one of the booming cannabis industry's most recognizable brands, acquired medical marijuana retailer PharmaCann in a $682 million stock transaction. It's the largest cannabis acquisition in the US to date.

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Pot sector falls into correction territory, but MedMen jumps after $682 million acquisitionPot sector falls into correction territory, but MedMen jumps after $682 million acquisitionMarijuana stocks were mostly lower Thursday, with a key sector tracker falling into correction territory, but MedMen Enterprises Inc. was a standout gainer after the company announced a $682 million acquisition of U.S.-based medical cannabis dispensary PharmaCann LLC. CRON up 8% and ACBFF up 5%. You ain’t smoking weed🌬😳 Igc
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