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Monday, 03/11/2019 1:17:01 PM

Monday, March 11, 2019 1:17:01 PM

Post# of 60355
A Chicago-based marijuana company formed just last year is fetching an $850 million price tag

One of Chicago’s newest cannabis operators, Verano Holdings, is being sold to a marijuana company based in Phoenix for $850 million. The move comes as the nation’s marijuana industry heats up. Illinois pot companies, in particular, are making big moves to establish themselves. Last year, two companies debuted on a Canadian stock exchange, and another firm is set to be acquired for nearly $700 million.