Multi state operator green thumb industries acquired leafline industries at an undisclosed price to enter the medical marijuana market in Minnesota, making GTI one of the only two vertical licensed manufacturers in the Midwest. The small medical marijuana market in Minnesota is limited by factors such as a limited number of approved products. Mjbizfactbook predicts that the sales of medical marijuana in Minnesota will reach US $60 million to US $70 million in 2021. GTI quoted the Minnesota Department of health as saying that there are only about 29000 registered active patients in the state.
Source: mjbizdaily com
Thump Agri and Horti Tech(Shanghai) Co., Ltd.
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