GREY:YOURF - Post Discussion
Post by
nozzpack on Nov 11, 2021 8:07am
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
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