Medicinal cannabis producer Grow Group tries to weed out buyer
AI Summary
The medicinal cannabis producer Grow Group, which supplies products in the UK and two other countries, is actively seeking new ownership, hiring City advisers to facilitate the sale. This move suggests potential challenges or opportunities for expansion in the competitive cannabis industry. As the cannabis market continues to grow, especially in medicinal applications, the search for new investors could indicate a broader trend of consolidation and strategic repositioning within the sector.
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