Green Thumb Industries
On the other hand, Green Thumb Industries (GTBIF) continued with its strategy of opening new stores and in December, the company announced the opening of five new stores. During the course of that period, the company opened up as many as 38 new stores across the United States. Additionally, Green Thumb also rebranded its stores in Illinois into Rise in keeping with its other stores and with one eye on the legalization of marijuana from Jan 1, 2020.
Akerna Corp
Cannabis compliance technology service provider Akerna Corp (KERN) announced in December that it had reached an agreement with Canada based Ample Organics Inc to acquire all issued as well as outstanding shares. The deal could be worth as much as $45 million according to estimates.
MedMen Enterprises
It was also announced in December that MedMen Enterprises (MMNFF)has hired the services of Onfleet. Onfleet will supply MedMen with software so that delivery logistics, driver scheduling and other issues related to delivery can be taken care of.
Aleafia Health
Aleafia Health (ALEAF) announced in December that it has signed a white label supply deal with an unnamed entity. The company revealed that it is a ‘leading Canadian producer’. Aleafia Health is going to supply the aforementioned company with 2840 kilos of cannabis flower and it is going to be completed in a total of 3 shipments.
US Cannabis
Market Summary
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