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CCHWF - DOJ Allows MedMen To Buy PharmaCann - Great News For Origin House
Columbia Care Inc
Source: TMX Money.
MedMen's (MMNFF) acquisition of PharmaCann has been tacitly approved by the Department of Justice's antitrust division. Some hurdles remain before the deal can be completed, including a shareholder vote and satisfying regulators in Illinois and New York.
The biggest winner on this approval isn't MedMen at all - it is Origin House (ORHOF). Origin House's acquisition by Cresco Labs (CRLBF) is also under review by the Department of Justice. The approval of the MedMen/PharmaCann deal increases the odds of approval for the Origin House deal and for