Curaleaf Expands U.S. Footprint With Acquisition of Grassroots at Good Price; Raising FVE
On July 17, Curaleaf announced the acquisition of U.S. cannabis company Grassroots for $875 million, $800 million of which will be paid in equity. On a pro forma basis, Grassroots shareholders will own about 16% of the combined company. Grassroots is a privately held, verticalized multi-state cannabis operator, and the acquisition will expand Curaleaf’s footprint to the Midwest. Grassroots generated $28 million of revenue in 2018 and $12 million in the first quarter of 2019 alone.Combined with ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.