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Skymint Raises $78 Million and Expands in Michigan Cannabis Market

Skymint Raises $78 Million and Expands in Michigan Cannabis Market
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Skymint to buy 3Fifteen Cannabis as consolidations continue in hot industry

Skymint to buy 3Fifteen Cannabis as consolidations continue in hot industry
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Insider Cannabis Newsletter: June 11

Welcome to Insider Cannabis, where we're bringing you an inside look at the deals, trends, and personalities driving the multibillion-dollar cannabis boom.

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How Investors Should Pick Unnoticed US Cannabis Companies

A select few have even broken away from the pack to expand and become profitable. Emily Paxhia, a cofounder and managing partner of Poseidon Asset Management, and Mitch Baruchowitz, a managing partner at Merida Capital Holdings, describe the biggest US cannabis companies as forming the first tier of the industry. That group includes Green Thumb Industries, Trulieve, Cresco, Verano, Curaleaf, Columbia Care, Jushi, Ayr, and TerrAscend. US cannabis companies fit into multiple tiers But it s not as simple as breaking down US companies into a top tier and lower tier, Paxhia and Baruchowitz told Insider in a panel on Thursday.

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