Ayr Wellness Inc., a multistate cannabis company, plans to buy Cultivauna LLC, a maker of cannabis-infused seltzers and water-soluble tinctures, according to a person familiar with the company’s plans.
The transaction would give Ayr, which already sells cannabis in six states, access to a fast-growing segment of the industry: drinks that contain the psychoactive ingredient in marijuana, known as THC. It would also expand the customer base for Cultivauna’s Levia brand, currently sold in Massachusetts.
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August 16, 2021 at 05:00AM
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Cannabis Company Ayr Said to Buy THC-Drink Maker Cultivauna - Bloomberg
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