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Pennsylvania marijuana market in tumult amid falling prices, consolidation

Pennsylvania marijuana market in tumult amid falling prices, consolidation
mjbizdaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mjbizdaily.com Daily Mail and Mail on Sunday newspapers.

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Bonus Minisode - Live from Cannabis Products Exchange

Bonus Minisode - Live from Cannabis Products Exchange
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New Jersey's recreational cannabis program has smooth launch despite supply worries

New Jersey's recreational cannabis program has smooth launch despite supply worries
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Cannabis M&A surges in hot Pennsylvania market with $400 million in deals

Cannabis M&A surges in hot Pennsylvania market with $400 million in deals
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Trulieve Cannabis buys Keystone Shops for $60 million, latest deal in Pa. land rush for weed retailers

Trulieve Cannabis buys Keystone Shops for $60 million, latest deal in Pa. land rush for weed retailers
Updated 9:36 AM;
By Erin Arvedlund, of The Philadelphia Inquirer
Trulieve Cannabis Corp. became the latest out-of-state marijuana company to snap up weed retailers in Pennsylvania, with the $60 million purchase of Keystone Shops.
The move signals a bet from an increasing number of companies in the marijuana sector that Pennsylvania will follow in the footsteps of neighboring New York and New Jersey and legalize recreational use.
“Stand-alone dispensaries have become the belle of the ball,” said Steve Schain, senior counsel at cannabis law firm Hoban Law Group. Amid New Jersey and New York’s legalization of adult-use marijuana, “the writing is on the wall” in Pennsylvania, Schain said. “The land grab is underway.” ....

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