Ayr Strategies To Acquire Ohio-Based Parma Wellness Center For $17M

Ayr Strategies Inc. (CSE: AYR.A) (OTCQX: AYRWF) has signed a definitive merger agreement with the management company of Parma Wellness Center LLC in a deal worth $17 million in cash.

The agreement requires authorization from the Ohio Department of Commerce.

The multi-state cannabis operator, or MSO, seeks to acquire 100% of the membership interest of the Parma’s management company and related real estate. The $17 million will be divided with $13 million set for …

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