Announced
Financials
Tags
cannabis cultivation
Private
Cross Border
Acquisition
United States
Pending
Single Bidder
Friendly
Majority
Farming Fishing Ranching and Plantations
Synopsis
Ayr Strategies, an expanding vertically integrated, US multi-state cannabis operator, agreed to acquire Blue Camo, a vertically integrated operation in Arizona, for $75m. "Arizona has been a terrific medical market, third in the US in terms of patient penetration at over 3.8% and currently generating approximately $1bn in annual revenue," Jonathan Sandelman, Ayr Chairman and CEO.
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