Sector News Cronos Purchases Option to Acquire 10.5% Stake in PharmaCann for Around $110M by Sophia Vida June 14, 2021 Canada's marijuana company Cronos has purchased an option to acquire a 10.5% stake in PharmaCann for $110.4 million. The company announced on Monday that it has purchased an option to acquire a 10.5% stake in U.S. PharmaCann. U...