Skip to content
Subscriber Only

Big Cannabis to Emerge Next Two Years After M&A Flurry, ICC Says

  • Aurora unit to invest $50 million to produce medical products
  • Outdoor-grown cannabis set to become a commodity medium term
Video player cover image
Cronos CEO Is Seeing 'Very Large' Demand for Legal Pot in Canada
Updated on

The companies that will dominate the global cannabis industry are going to emerge within the next two years amid a flurry of mergers and acquisitions, according to the head of an Aurora Cannabis Inc. unit.

“I’m convinced that only big companies are going to be able to survive and create a long-term industry,” ICC Labs Inc. Chief Executive Officer Alejandro Antalich said in an interview at his office in Montevideo.