14 min
Cannabis-industry growth in the US sees a spike in regulatory action MLex Market Insight
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The announcement that Curaleaf was aiming to create the US’s biggest cannabis company with its $875 million GrassRoots merger is likely to attract scrutiny, as officials from the US Department of Justice review the deal. In fact, the US regulator has issued second requests for information on nearly every cannabis merger is has dealt with, suggesting an interest on the part of government agencies to increase their expertise in dealing with a relatively new industry.
The announcement that Curaleaf was aiming to create the US’s biggest cannabis company with its $875 million GrassRoots merger is likely to attract scrutiny, as officials from the US Department of Justice review the deal. In fact, the US regulator has issued second requests for information on nearly every cannabis merger is has dealt with, suggesting an interest on the part of government agencies to increase their expertise in dealing with a relatively new industry.
14 min