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Growing CannabisNo, this isn’t a technical article about how to better grow cannabis, or a new hydro system. The marijuana industry is proliferating. With legalization in Canada taking complete effect on October 15, 2018, and also extra marijuana legalization measures on ballots throughout the United States, the stigma on the industry is shrinking, and the industry is growing. A look at the stock prices for Tilray, Canopy, Aurora and others on the Canadian Stock Markets can tell you all you need to know these days concerning the growth and also trajectory of the industry.Mergers & AcquisitionsOf course, as the industry grows, larger players in the marijuana market, as well as outsiders, will be coming in to acquire companies throughout the marijuana industry. In recent days, Constellation Brands (the parent Company of Corona and Modelo Beers), obtained a section of Canopy for 5.4 Billion Dollars. Cigarette manufacturers are seeking prospective partners in numerous markets across the United States for acquisition. However, there are also inner industry mergers occurring too. Today it was revealed that MedMen has acquired PharmaCann for $682 Million bucks in an all stock bargain. (https://mjbizdaily.com/medmen-inks-blockbuster-682-million-stock-deal-to-acquire- medical-cannabis-firm-pharmacann/) PharmaCann was a considerable player in the markets, possessing provisioning centers, processing facilities as well as grows in multiple States, including Michigan. To date, this is the largest inside the industry merger and acquisition deal yet. Expect this to continue at a fast pace as more States legalize medical as well as recreational cannabis.Day-to-day EffectFor the single location provisioning center, this news might not appear like much of anything. Nevertheless, every person needs to focus. As these mergers and also acquisitions proceed, the impact will certainly trickle down to the smaller sized, single State or solitary location players. The key to long-term survival and making sure the very best opportunity of benefiting from a future merger or acquisition possibility: enter into a vertical integration chain.To do that, you need to have the right connections and industry know how to connect with processors, growers, labs and also transporters who can collaborate, with contractual guarantees as well as obligations. If that interests you, we can help. Give our office a calland set up a meeting to review all of your choices. attorney...

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