Leading Canadian pot companies Canopy Growth and Aurora have developed secret internal formulas to predict when the U.S. will legalize cannabis or at least make it “permissable” in legal states.
MarketWatch
- The companies use the formulas to appropriately value their assets. Canopy has agreed to acquire U.S. Multi-State Operator (MSO) Acreage Holdings once it can legally do so.
- Neither company disclosed its formula or its predictions.
Quick Hits
- A lawsuit filed by a rival accuses MSO Harvest of giving inaccurate information on a Pasadena, Calif. dispensary license application which was eventually approved. Harvest said it would contest the suit. ????WW California has more.
Pasadena Now - Canna Law Blog discusses the tough questions investors ask companies.
