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Announced

Ayr Strategies to acquire Blue Camo for $75m.

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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