Main Menu Main Content

Canadian company acquisition of U.S.-based cannabis operations

Hodgson Russ attorneys recently assisted a Canadian company with the purchase of numerous United States-based cannabis operations. This transaction has established the entity as a multi-state operator in the U.S. cannabis sector, with cultivation, manufacturing and retailing operations in various states. The aggregate purchase price for the acquired companies was more than $200 million, payable in a combination of cash, equity and purchase price notes.