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NCNNF - What Investors Need to Know About HEXO's Takeover of 48North
48North Cannabis Corp.
The marijuana industry continues to consolidate in 2021. One of the more under-the-radar acquisitions of late was Canadian company HEXO 's (NYSE: HEXO) agreement to buy its compatriot and peer 48North Cannabis (OTC: NCNNF) , announced in mid-May.
In this Motley Fool Live conversation with healthcare and cannabis bureau chief Corinne Cardina, longtime Fool contributor Eric Volkman takes a brief look at the deal and sizes it up. This clip was recorded on May 21 .