1 minute reading time (103 words)

License regulations in Florida, Massachusetts could impact high-stakes medical marijuana acquisition

woman vaping

A company already drawing scrutiny in Florida for potentially holding a stake in multiple medical cannabis businesses drew similar interest from Massachusetts regulators. Now a high-priced acquisition could hinge on how Florida handles its own licensing rules.Purchases in both Florida and Massachusetts involve the hedge fund Gotham Green Partners. That business last year made a play to purchase most shares of iAnthus, another fund with a heavy stake in the industry. But that’s a deal iAnthus now wants nixed, with iAnthus suing Gotham last month in a Canadian court over details of the restructuring deal, according to the trade publication GreenMarketReport.

Copyright

© 420 Intel

The Cannabis Industry Is Booming; Is This Supplier...
The Complete Guide To Cleaning Your Cannabis Bongs...

Related Posts

By accepting you will be accessing a service provided by a third-party external to https://www.weedworthy.com/