Posted on 533
Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”) has signed a definitive agreement to acquire Green Leaf Medical, LLC (“Green Leaf”), a privately held, fully-integrated cannabis multi-state operator (MSO) based in the mid-Atlantic region, for approximately $240 million with the potential for additional performance-based milestone payments.
Following the close of two acquisitions that established Columbia Care as a market leader in the two largest cannabis markets in the world, California and Colorado, the acquisition of Green Leaf expands Columbia Care’s operational scale and footprint in four key, limited license markets by materially enhancing the scale and capabilities of its seed-to-sale operations. Subject to the regulatory approval process, Columbia Care will be one of the largest and most efficient operators in Pennsylvania, Maryla
Columbia Care Signs Definitive Agreement to Acquire Green Leaf Medical - Press Release digitaljournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from digitaljournal.com Daily Mail and Mail on Sunday newspapers.
December 22, 2020 at 6:58 am Published by NCV Newswire
Columbia Care Signs Definitive Agreement to Acquire Green Leaf Medical
Positions Company as One of the Leading Cultivators, Processors, Wholesaling Suppliers and Retailers in Pennsylvania, Maryland, Virginia, and Ohio
Company management will conduct a conference call this morning at 8 AM EST to discuss the transaction and answer questions from stakeholders.
Substantially Expands Footprint and Operating Scale in East Coast and Mid-Atlantic
Adds Approximately 400,000 ft² of Cultivation and Production Capacity, Four Operating Dispensaries and Six Undeveloped, but Permitted Dispensaries, in Key Limited License Markets
Brings Vertical Integration in PA and MD and Immediately Positions Columbia Care as a Leading Wholesaler
After Home Orchard Society ends 45-year run, volunteers step in to help food growers
Updated Dec 15, 2020;
When the Home Orchard Society, which has been supplying fruit growers free cuttings and sage advice for 45 years, announced it would shut down Dec. 31 due to an increasing workload and volunteers moving on, longtimers were worried. What could fill the void?
The nonprofit educational organization with more than 600 members had nurtured hobby gardeners and supported serious orchardists in Oregon and Washington by offering valuable, climate-specific information and unique plant materials.
More important, the Home Orchard Society was a connector. The fall fruit tasting and spring scion wood exchange, as well as cider pressings and potlucks, gathered backyard growers and experts together for long conversations and good old-fashioned fun.