It's fair to say that cannabis has officially entered the mainstream. There are 36 states that now allow medical cannabis, and 18 have approved legislation that legalizes adult recreational use.
Across the country we are seeing multi-state operators (MSOs) like Green Thumb Industries (OTC: GTBIF) gobble up competitors, as it did with Fiorello Pharmaceuticals in 2019 to give it one of only 10 vertical integration licenses in New York. That license allows Green Thumb to host a full supply chain from cultivation to sales of products. The company continues to set its expansion sights via acquisitions, but also through real estate purchases. One such purchase presents an interesting opportunity.
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A Unique Purchase Could Propel This Multi-State Cannabis Operator to the Forefront of a Big Market