Canadian Cannabis Companies Are Dominating Global Deals

Canadian Cannabis Companies Are Dominating Global Deals - Moby THE GIST The cannabis industry is emerging from the doldrums with a splashy deal: Canadian firm Organigram (OGI) will pay up to €250 million (about $295 million) for German medical cannabis producer Sanity Group. That breaks down to an up-front consideration of €113.4 million plus a maximum earn-out of up to €113.8 million tied to financial performance. WHAT HAPPENED The deal gives Organigram a footprint in the E.U. as more countries on the ...