Last week, CHAL announced the acquisition of Cannabliss for $6.5M. Cannabliss has four retail stores operating in Oregon, which generated $8.1M in revenue in 2020. The deal is valued at 0.8x revenue vs the sector average of 2.7x. We found that Cannabliss’ stores have very good customer ratings (4.54 out of 5 from 656 reviews)
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