4 Firms Rep As Cannabis Investor Buys Weed Biz For $247M

By McCord Pagan (March 30, 2022, 3:01 PM EDT) -- Cannabis investor RIV Capital Inc. said Wednesday it's buying the New York cultivation and retail dispensary business Etain for $247 million in a deal guided by four law firms, including Dickinson Wright PLLC and DLA Piper.

Canada's RIV Capital said in a statement it's buying Etain in a cash-and-stock deal, which is one of only 10 vertically integrated operators in New York state and has four operating dispensaries. RIV Capital is represented by Paul Hastings LLP, Dickinson Wright PLLC and Blake Cassels & Graydon LLP, and Etain is represented by DLA Piper.

RIV Capital also announced a new president and CEO,...

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