Jushi Enters Massachusetts, Purchasing Nature's Remedy For $110M

Vertically integrated, multi-state company Jushi Holdings Inc. (CSE:JUSH) (OTCMKTS: JUSHF) is purchasing Nature's Remedy for $110 million.

The Boca Raton, Florida-based company agreed to acquire Nature's Remedy of Massachusetts, Inc. and its affiliates.

Under the terms of the agreement, Jushi will take over two retail dispensaries in Millbury and Tyngsborough, as well as a 50,000 square feet cultivation and production facility in Lakeville.

Apart from 19,500 square feet of flower canopy, the facility includes extraction and manufacturing capabilities.

Jushi expects to close the deal in the second half of this year.

The deal follows the recent $22 …

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