Two California cannabis companies, San Diego-based March and Ash and Santa Rosa-based CannaCraft, have entered into a definitive agreement to combine their two companies, confirmed Bret Peace, co-founder, partner and general counsel of March and Ash, reported Forbes' Jackie Bryant.
Peace, who will retain his titles at March and Ash, will become the CEO of Groundwork Holding Inc., the holding company that will direct the newly combined entity. Forbes also noted that March and Ash and CannaCraft will retain their current organizational structures in their respective c-suites and that a new board will be formed to oversee the new company.
