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Is the cannabis gold rush over? Moves by Curaleaf, Ayr, Akerna and other companies point to tough times.

Por: MarketWatch Business January 30, 2023

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The cooler prospects for cannabis companies, along with the overall bear market that took hold in 2022, have caused merger-and-acquisition activity in the cannabis sector to drop by 73.6%, to $10.2 billion for the 12 months ending Jan. 27, according to estimates published Monday by Viridian Capital. Analysts at Viridian said deals have dried up party because of retrenchment and concentration on cash flow rather than growth. But demand for M&A... + full article



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