BOCA RATON: Jushi Holdings Inc. has reached a definitive binding agreement to acquire Nature’s Remedy of Massachusetts Inc. and certain of its affiliates, a vertically-integrated single state operator in Massachusetts, for total consideration of up to US$110 million. Nature’s Remedy currently operates two retail dispensaries, in Millbury, MA and Tyngsborough, MA, and a 50,000 sq.…
All posts tagged Jushi Holdings
Jushi Holdings announces significant expansion of Pennsylvania cultivation facility
BOCA RATON: Jushi Holdings Inc., a cannabis operator, announced plans to nearly double the square footage of its subsidiary’s grower-processor facility in Scranton, Pennsylvania from approximately 90,000 sq. ft. to more than 160,000 sq. ft. in a phased expansion. The majority of the approximate 70,000 sq. ft. expansion project will be focused on increasing the…
Vireo Health sells equity in Pennsylvania Medical Solutions to Jushi Holdings for $37 million
MINNEAPOLIS: Vireo Health International Inc. has reached a definitive agreement with Jushi Inc, a subsidiary of Jushi Holdings, Inc., to divest equity in its subsidiary company, Pennsylvania Medical Solutions, LLC for total consideration of $37 million. The transaction is subject to regulatory approvals. Pennsylvania Medical Solutions holds a permit for the cultivation and processing of…