Industry Update: Cannabis

Industry Highlights

  • On July 8, 2021, Trulieve Cannabis Corp., a leading and top-performing cannabis company in the United States, announced the closing of the $63 million acquisition of Anna Holdings LLC, a company who is the sole equity holder in Chamounix Ventures, LLC which holds a permit to operate dispensaries under Keystone Shops, with locations in Philadelphia, Devon, and King of Prussia.
  • On May 17, 2021, Curaleaf Holdings, Inc., a leading international provider of consumer products in cannabis, signed definitive documents to acquire the Los SueƱos Farms and its related entities, the largest outdoor grow in Colorado, for a total consideration of $75 million.

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