Cronos Paid 0 Million for a Small CBD Company, and CEO’s Private-Equity Firm Stands to Collect 0 Million of It

A fund founded by cannabis company’s CEO and a longtime board member owned 40% of a U.S. start-up that commanded a takeover price of up to 150 times its 2018 revenue READ MORE: https://finance.yahoo.com/m/c380cdfd-a7f2-3063-ae05-733ace6afba9/cronos-paid-%24300-million-for.html?.tsrc=rss The post Cronos Paid $300 Million for a Small CBD Company, and CEO’s Private-Equity Firm Stands to Collect $120 Million of It appeared first on Cannabis Daily.

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