If you’re looking to get in on the huge money maker that is the Weed Business or never thought of it before, here is a good reason to want to start. These companies have invested billions (yes billions with a B) on the growing medical marijuana field and with more states allowing it, there doesn’t seem to be a slow down coming.
There’s virtually no industry growing at a more breakneck pace at the momentum than legal marijuana. According to ArcView, one of the world’s leading cannabis research firms, the North American weed industry is expected to grow sales by an average of 26% annually through 2021. This would imply almost $22 billion worth of cannabis being bought legally throughout Canada, Mexico, and the United States in just three years’ time.
In recent years, cannabis businesses and investors have turned their attention away from convincing the public that cannabis should be legal — practically every poll suggests the public agrees — and have instead focused on capacity expansion. Some growers have chosen to expand organically, while others have partnered, merged, or acquired their way to growth and higher market share. The following five transactions represent the five biggest marijuana acquisitions of all time.
Read the full list here.
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