Santa Rosa's CannaCraft to merge with San Diego cannabis dispensary chainCannaCraft, a large Santa Rosa cannabis producer, plans to merge with March and Ash, a Southern California dispensary chain, company officials confirmed Wednesday morning. CannaCraft co-founders Dennis Hunter and Ned Fussell will continue to function as co-CEOs of the Sonoma County cannabis company. “We are confident that this merger better positions us to ensure that Californians have access to safe and affordable cannabis,” Hunter said in a statement. Within three months of hitting most cannabis dispensary shelves and making an online presence, Farmer and the Felon took in $1 million in gross revenue. For CannaCraft, the opportunity to merge with March and Ash provides the Sonoma County company a strong foothold in Southern California.

Source: Forbes April 06, 2022 20:29 UTC