July 14, 2022
In addition to sales trends, Osak noted that Canadian assets are relatively cheap at the moment, and the lower Canadian dollar makes M&A in Canada more appealing in some cases.
“For U.S. bargain hunters with cash, you could pick up a lot of quality assets from hungry sellers on the cheap,” he said.
That was the route taken by California-based cannabis technology company Blaze Solutions.
In May, Blaze acquired Vancouver-based dispensary point-of-sale software company Greenline for an undisclosed sum.