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News analysis

Cannabis companies go on acquisition spree for US stores and tech companies

Written by || 15th December 2021 || News analysis | Companies | Marketing and retailing | Technology and innovation | GeographiesCanada Colombia Mexico North America South America United States

Cannabis firms continued to expand their footprint through to the end of 2021, with the lucrative US market being the strategic focus of many acquisitions, covering retail chains, growers and tech companies. Curaleaf Holdings has bought Tryke Companies and Los Sueños Farms’ dispensaries; Jushi’s acquisition of NuLeaf brings its total to 39 dispensaries; Columbian firm Flora growth has bought tech company Vessel Brand; Canadian firm The Green Organic Dutchman has bought Galaxie brands; and Greenlane Holdings has bought vape maker DaVinci.

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Lorraine Mullaney

Senior writer
Lorraine is responsible for writing news analysis and assisting with copy-editing. Lorraine is a copywriter and editor who has written and edited words for a wide range of audiences, from local community newspapers to consumer magazines and trade websites.

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