CRZ mention in MJBizDaily article - US investments A reminder of things we already know! https://mjbizdaily.com/canadian-cannabis-companies-bullish-on-us-market-boosting-cross-border-acquisitions-and-deals/
"Leaders at Ottawa-based CannaRoyalty share Tidal’s bullish take on the U.S. cannabis market. Like Tidal, the firm offers royalty financing deals, but it also pursues licensing, equity and secured debt deals.
In April, the firm signed a multimillion-dollar deal to acquire FloraCal Farms, a move that expands the company’s California footprint.
That deal followed CannaRoyalty’s acquisitions in March of three California businesses: RVR, a large-scale medical and recreational marijuana distributor; Alta Supply, a small MMJ distributor; and Kaya Management, an edibles and vaporizer maker.
CannaRoyalty is among a growing number of larger, publicly traded Canadian firms that are increasing their stakes in the California market, where there are no residency requirements for ownership of cannabis businesses.
'The moment that federal legality shifts in the states, institutional investors will begin rushing to get into cannabis, which will drive up competition and acquisition costs for every deal,' said Afzal Hasan, CannaRoyalty president.
'Ultimately, it’s critical to every cannabis business that the federally legality issue is resolved, but for the time being, we do stand to benefit.'"