MJBiz Daily reports on speculation that Ascend Wellness Holdings, one of the cannabis industry’s largest multistate operators, may be exploring a potential sale or strategic transaction amid ongoing market consolidation.
As the cannabis market faced increasing capital constraints in 2022, MSOs like Ascend became attractive targets for investors looking to acquire established operations at compressed valuations. SIVA’s Avis Bulbulyan weighed in on the deal dynamics shaping the cannabis M&A landscape.
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