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Verano Announces Closing of Agri-Kind, Agronomed Transactions


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, Agronom ....

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The Week In Cannabis: 4/20, SAFE Banking Act, The NFL, Verano And Much More


The Week In Cannabis: 4/20, SAFE Banking Act, The NFL, Verano And Much More
Benzinga
2 hrs ago
© Provided by Benzinga
In the week of 4/20, the unofficial day of cannabis and top sales day for the industry, major stocks posted mixed performances.
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Retailer
Planet 13 Holdings Inc. (CSE: PLTH) (OTCQB: PLNHF) reported single-day record sales of $543,000 on April 20. Meanwhile,
Eaze, California s largest marketplace for legal cannabis delivery, announced a 185% surge in deliveries (compared to any other Tuesday in 2021), with an average basket of $200, up 50% from the same day in 2020.
“Cannabis consumers moved to delivery as their preferred way of shopping last year, so we re not surprised to see such a strong 420 in 2021,” said Ro Choy, CEO of Eaze. “Even as daily life begins to return to normal, consumers are staying with the convenience of delivery. It s the future of this industry.” ....

Montego Bay , Saint James , New York , United States , North Carolina , New Jersey , Green Market , Liberty Easthampton , Josh Genderson , Bob Marley , Michael Scherr , Douglask Gordon , Isiah Thomas , Jerry Garcia , John Salley , Agronomed Biologics , El Planteo , Dogg Casa Verde , Randall Woodfin , Debra Borchardt , Trixie Garcia , Karen Ramspacher , Brian Collins , Benzinga Cannabi , Abbey Technology , Terrascend Corp ,

Australis Capital (AUSAF), Advanced Cannabis Solutions (CANN), Canopy Growth Corp (CGC), JUSHI HLDGS INC CL B by Jushi Holdings Inc. (JUSHF), Medical Marijuana (MJNA), Planet 13 Holdings (PLNHF), S&P Dep Receipts (SPY), Verano Holdings (VRNOF) - The Week In Cannabis: 4/20, SAFE Banking Act, The NFL, Verano And Much More


Retailer
Planet 13 Holdings Inc. (CSE:PLTH) (OTCQB:PLNHF) reported single-day record sales of $543,000 on April 20. Meanwhile,
Eaze, California s largest marketplace for legal cannabis delivery, announced a 185% surge in deliveries (compared to any other Tuesday in 2021), with an average basket of $200, up 50% from the same day in 2020.
“Cannabis consumers moved to delivery as their preferred way of shopping last year, so we re not surprised to see such a strong 420 in 2021,” said Ro Choy, CEO of Eaze. “Even as daily life begins to return to normal, consumers are staying with the convenience of delivery. It s the future of this industry.”
Debra Borchardt, CEO of Green Market Report, added, “The April 20 holiday is becoming the largest sales day of the year for the industry. Headset reported logging $60,000 in sales per minute, while Planet 13 said it did over half a million sales on Tuesday. Even Ayr Wellness clocked in an amazing $1.2 million day acro ....

Montego Bay , Saint James , New York , United States , North Carolina , New Jersey , Green Market , Liberty Easthampton , Josh Genderson , Bob Marley , Michael Scherr , Yougovand Sunnyside , Douglask Gordon , Isiah Thomas , Jerry Garcia , John Salley , Agronomed Biologics , El Planteo , Dogg Casa Verde , Randall Woodfin , Debra Borchardt , Trixie Garcia , Karen Ramspacher , Brian Collins , Benzinga Cannabi , Abbey Technology ,