Organigram Acquires Sanity Group Amid Germany’s Cannabis Boom
Canadian cannabis producer Organigram Global has acquired Germany’s cannabis company Sanity Group to expand its European presence into regulated cannabis markets.The deal, announced this week, comes as Germany’s medical cannabis industry is gaining momentum and consolidating its position as the largest cannabis market in Europe, appealing to U.S. and Canadian cannabis companies seeking investment opportunities.The $268 million deal between Organigram and Sanity allows the Canadian company to con...
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