This medical market is among the most restrictive. Minnesota’s Legislature approved smokable flower for medical cannabis patients that became available at the end of March of 2022.
February 2022 | Verano announced acquisition of Goodness Growth Holdings for $460MM
January 2022 | Green Thumb enters Minnesota market through acquisition of LeafLine Industries for more than $150MM
Watch for the medical market to expand as the current structure makes profitability very challenging. With two major MSO's entering the market, Green Thumb Industries and Verano Holdings have plans to acquire the only two vertical operations across the the state.