Four marijuana firms to form multinational company

Four marijuana firms to form multinational company

Consolidation continued in the cannabis industry Tuesday, with four major marijuana businesses from the United States and Canada merging to launch a multinational company with combined revenue forecast to total more than $200 million next year.

Operating under the name TILT Holdings, the new companies will include the combined operations of Baker Technologies, Sea Hunter, Briteside and Sante Veritas Therapeutics, according to a news release.

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