Amazonas Florestal Ltd (AZFL)

[Nascarrat]

CNBC

M&A

Mergers and acquisitions will be central to the cannabis market’s development in the coming months, Seymour said.

“I expect significant M&A and consolidation in the sector not only as the largest multi-state operators and the Canadian [limited partnerships] look to get bigger and increase their strategic geographic footprints, but I also think you’re going to see those strategics that have been waiting on the sidelines begin to start nibbling some more” as valuations become attractive enough for certain capital-rich players, he said.