US Cannabis Companies Tread Cautiously into Turbulent Canadian Market 

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.

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