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Pot 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
Source: MarketWatch - 🏆 3. / 97 Read more »
Marijuana stocks to watch: MedMen’s vision becomes reality with largest-ever U.S. pot mergerMedMen Enterprises co-founder Adam Bierman believes the company’s $682 million acquisition of PharmCann last week marks the culmination of the U.S. cannabis industry’s transformation from vision to reality.
Source: MarketWatch - 🏆 3. / 97 Read more »
Marijuana stocks to watch: MedMen turns a vision into reality with largest-ever U.S. pot mergerMedMen Enterprises co-founder Adam Bierman believes the company’s $682 million acquisition of PharmCann last week marks the culmination of the U.S. cannabis industry’s transformation from vision to reality. Ticker isn’t on robinhood?
Source: MarketWatch - 🏆 3. / 97 Read more »
The CEO of the biggest cannabis company in the US reveals his strategy for defending against multi-billion private equity fundsBI PRIME: Hot off of a $682 million acquisition, Adam Bierman, the CEO of MedMen — now the biggest cannabis company in the US — opens up about who his biggest competition is and how he's defending against them.
Source: BusinessInsider - 🏆 729. / 51 Read more »
'Retail is the place to be' in cannabis, says MedMen CEO after 'blockbuster' PharmaCann acquisitionJim Cramer sits down with MedMen co-founder and CEO Adam Bierman, whose cannabis retailer will absorb PharmaCann in the largest marijuana-related acquisition in U.S. history.
Source: CNBC - 🏆 12. / 72 Read more »
MedMen bets big on New York legalization by opening a luxury marijuana store on Fifth AvenueA company called MedMen is opening its first Manhattan dispensary Friday in the heart of one of the poshest shopping districts in America. Another reason btc s value went up is that the cannabis industry had transacted in Bitcoin when banks didn’t accept dispensary money , BTC became the medium asset that took fiats place. Today it is now PotCoin and other 420 / Privacy alts. BrianRothwell
Source: CNBC - 🏆 12. / 72 Read more »
A competitor is emerging to challenge the marijuana retail chain dominating the industry, and it just closed a $640 million acquisitionBI PRIME: iAnthus, a multistate cannabis dispensary operator, acquired Toronto-based MPX Bioceutical in a $640 million all-stock transaction. The deal comes on the heels of rival MedMen's $682 million acquisition of PharmaCann. BIPrime Are they considering a 'joint' venture?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Cannabis industry shops for a suit and tieMoney is pouring into weed as valuations rise and legal barriers fall – nudged further by recent U.S. election results. Companies like Canopy, Aurora and MedMen are starting to take on a veneer of acceptability. That doesn’t make them good investments, but it’s progress.
Source: Breakingviews - 🏆 470. / 51 Read more »
Pot 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
Source: MarketWatch - 🏆 3. / 97 Read more »