MA authority approves acquisition of Sira Naturals by Canadian marijuana firm
- KahliBuds.com
- May 24, 2019
- 1 min read
MA authority approves acquisition of Sira Naturals by Canadian marijuana firm
Published 1 min ago
The Massachusetts Cannabis Control Commission approved what is believed to be the first sale of a marijuana business in the state.
Sira Naturals, which owns three dispensaries in the Boston area, is being sold to Cannabis Strategies Acquisition, a Toronto-based company that invests in cannabis businesses.
Last week, regulators delayed a vote on the deal in order to request more documents.
The transaction was part of a larger acquisition of five companies that Cannabis Strategies Acquisition announced last October.
For more details on the regulatory approval of the Sira Naturals deal , click here to see the report on MassLive.com.
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Nick Thomas, BruceDayne, KahliBuds, 420GrowLife
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