Top Marijuana Stocks To Buy In June? 2 To Checkout This Week
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Green Thumb Industries Inc (GTBIF) Closes on Acquisition of Massachusetts Cannabis Operator Liberty Compassion Inc
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The move follows GTI s recent debut in Virginia and the grand opening of the first
COOKIES store in Nevada, under a deal with the cannabis brand COOKIES led by rapper and entrepreneur Berner, formerly known as Gilbert Anthony Milam Jr.
The Chicago-based cannabis consumer packaged goods company announced Tuesday that it has closed the purchase of
Liberty Compassion, Inc., boosting its cultivation, production, and retail footprint in Massachusetts.
The acquisition adds to GTI s portfolio one fully operational production facility as well as two operating medical cannabis stores located in Boston and West Springfield. It brings the company s retail footprint to three stores in Massachusetts and 58 nationwide.
Acquisition Includes One Fully Operational Production Facility and Two Medical Cannabis Retail Stores
Expands Retail Locations in Massachusetts to Three; 58 Retail Locations Across the Country
CHICAGO and VANCOUVER, British Columbia, June 01, 2021 (GLOBE NEWSWIRE) Green Thumb Industries Inc. (“Green Thumb”) (CSE: GTII) (OTCQX: GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ Dispensaries, today announced that it has closed on an acquisition of Liberty Compassion, Inc. (“Liberty”), a Massachusetts-based medical cannabis cultivator and retailer. The acquisition adds cultivation and production capacity and two operating medical cannabis dispensaries located in Boston and West Springfield.
“We are thrilled to broaden our cultivation and retail operations in Massachusetts, where we have been operating successfully and serving the community since 2018,” said Green Thumb Founder and Chief Executive Officer Ben Kovler. “The acquisi