Big players swooping in on NH cannabis market
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A Canadian cannabis corporation, with an infusion of cash from one of the world’s largest alcohol distributors, is making a bid for the company that runs New Hampshire’s medical marijuana dispensary in Merrimack.
Canopy Growth Corp., the world’s most valuable pot company, announced on April 18 an unprecedented $3.4 billion purchase agreement with New York-based marijuana company Acreage Holdings.
Acreage is the management company and main investor in the Prime Alternative Treatment Center (ATC) at 380 Daniel Webster Highway, Merrimack, one of four medical marijuana dispensaries in the state.