Marijuana & Acquisitions: Pot Stock For Pot Stock
For those looking at a long-term play, receiving stock in a cannabis acquisition may well be worth it.
With Washington State’s recent moves to allow owners of marijuana retailers to have ownership interests in up to five licensed retail stores and to allow owners of licensed producers to have an interest in up to three licenses, the acquisition market in Washington remains extremely active.
Nevada and California are both experiencing significant movement in their acquisition markets as well — this always happens before and after a market inflection point.
Big rule changes, new licenses being issued, and first business dates all spark the market for large scale business transactions. Increasingly in the cannabis market, we are seeing more deals structured as equity-only deals — deals involving no cash.
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