The Cannabis M&A Wave Is Here. Curaleaf Proved It.
The article reports that a wave of mergers and acquisitions is emerging in the U.S. cannabis industry, citing Curaleaf as evidence. It notes that Green Thumb Industries has been among the few consistently profitable U.S. cannabis companies, with revenue and earnings growth in the second quarter.
Why it matters — An Aurora Cannabis watcher would care because the reported consolidation trend could reshape the broader competitive landscape of the cannabis sector in which ACB operates.