Industry Update: Cannabis
VRC is proud to release its latest industry report. The report provides a concise, insightful update on the cannabis industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
Industry Highlights
- On November 27, 2023, Cronos Group Inc. announced that its wholly owned subsidiary entered into an agreement with Future Farmco Canada Inc., a vertical farming company, for the sale and leaseback of its property located in Ontario for approximately $16.9 million.