GREY:YOURF - Post by User
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nozzpackon Nov 11, 2021 8:07am
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Post# 34113890
GreenRose Pays 5 times revenue for Theraplant
GreenRose Pays 5 times revenue for Theraplant Greenrose Acquisition Corp. (U.GNRS: $8.72), which in March agreed to pay $100-million (U.S). for the Connecticut-based Theraplant (which has growing operations but no dispensaries).
After the state legalized recreational cannabis in June, the price tag for Theraplant went up in August to $150-million (U.S.).
Revenues of Theraplant are reported as $28.4 m