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Marijuana Business Daily | 5/31/2018
 Five reasons why lighting giant Osrams acquisition of Fluence is a big deal for cannabis


Lisa Bernard-Kuhn
One of the marijuana industrys largest lighting suppliers, Fluence Bioengineering, is about to go global, and marijuana industry watchers are taking note. The deal signals increased interest from international businesses and investors in well-positioned U.S. ancillary cannabis companies. Fluence, an Austin, Texas-based company that makes LED-based lighting systems for commercial farming, was recently acquired by Osram for undisclosed terms. Munich-based Osram is a 4.1 billion euro international lighting manufacturer that trades as OSR on the European exchanges. The move....
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