Press releases have been noticeable by their absence so we are glad to see that this Forbes article defines actual M&A decline as we note most business cannabis media are quietly skipping over this reality.
As the coronavirus pandemic ravages the U.S. economy, the M&A market for hemp and cannabis has continued to decline drastically with bankruptcies accelerating, numerous sector experts say.
“There’s been a precipitous decline in the number of deals,” Scott Greiper, president of Viridian Capital Partners (VCA), said of the M&A market throughout the last year.
Read the full article at. https://www.bing.com/amp/s/www.forbes.com/sites/mergermarket/2020/04/27/precipitous-decline-in-hemp-and-cannabis-ma-continuing-amid-covid-19-pandemic/amp/?PC=OPALAND&mc_cid=e8e5232f9b&mc_eid=178dec0b63