Columbia Care Obtains Second San Diego Store For $15M

Columbia Care Inc. (OTCQX: CCHWF) has acquired another dispensary in San Diego.

The New York-based cannabis company took over The Healing Center San Diego (THCSD) in a $15 million deal.

The price tag includes $3 million in cash, $6 million in the company's stock as well as $6 million in seller promissory notes.

THCSD was launched in 2016 by Ray Taylor and Jim Dickinson.

“Expanding the retail footprint in our operational markets enhances scale, improves consumer access, leverages Columbia Care brands, drives margin …

Full story available on Benzinga.com

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