Canadian company that owns Ruskin cannabis farm acquired for $41.2 million


A Toronto global cannabis company completed its acquisition of the corporation that owns Ruskin-based 3 Boys Farms LLC in a $41.2 million cash and stock deal.

The July 2018 agreement between SOL Global Investments Corp. and CannCure Investments, a privately-held Ontario company that owns 3 Boys Farms, was partially satisfied with the release of 7.3 million common shares of SOL Global’s stock at $4 per share to CannCure on a proportional basis.

The terms of the acquisition say that if SOL Global…

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