GFM Network News


(Jushico.com)

Pot producer Jushi acquires U.S. retailer in cheaper deal

Lack of movement on legalization drops valuations

Reuters — Cannabis producer Jushi Holdings acquired Massachusetts-based retailer Nature’s Remedy at a cheaper price than initially offered, as valuation of weed companies across North America has dramatically dropped lately. The decline in valuations over the last few months has been largely due to a lack of progress on anticipated federal marijuana reforms in the […] Read more