Provided by GlobeNewswire
Jul 12, 2021 8:14 PM UTC
The Company closes on transactions for the equity interests in two licensees Agri-Kind, LLC, and Agronomed Biologics, LLC with cultivation, production, and retail operations in Pennsylvania. The limited license state is the nation’s fifth most populous with over 500,000 participants in the medical marijuana program.
Agri-Kind operates one active 62,000 sq. ft. indoor cultivation and production facility in Chester, PA.
Agronomed is currently building out a cultivation and production facility in Chester, and is permitted to open six additional dispensaries in the state.
CHICAGO, July 12, 2021 (GLOBE NEWSWIRE) Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (the “Company”), a leading multi-state cannabis company, today announced the closing of its previously announced (on April 22, 2021) transactions for all of the issued and outstanding equity interests in Agri-Kind, LLC, Agronomed Holdings Inc. and
Verano Maximizes Ohio Footprint by Closing on Acquisition of Dayton Dispensary, Mad River Remedies
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Verano to Open 34th MÜV™ Medical Cannabis Dispensary in Florida
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The Healing Center
The transaction included three medical marijuana dispensaries in Cranberry Township, Washington and Monroeville, Pennsylvania. Please refer to the Company’s previous announcement for more information.
NSE Pennsylvania
About Verano
Verano Holdings Corp. is a leading, vertically-integrated, multi-state cannabis operator in the U.S., devoted to the ongoing improvement of communal wellness by providing responsible access to regulated cannabis products. With a mission to address vital health and wellness needs, Verano produces a comprehensive suite of premium, innovative cannabis products sold under its trusted portfolio of consumer brands: Verano, Avexia, Encore, and MÜV
™. The company’s portfolio encompasses 14 U.S. States, with active operations in 11, which includes nine production facilities comprising approximately 770,000 square feet of cultivation. Verano designs, builds, and operates dispensaries under retail brands Zen Leaf