Cannabis Co. Verano Expands In Pennsylvania With $207M Acquisition Of Cultivation, Research And Retail Assetts

Verano Holdings Corp. (CSE:VRNO) (OTCQX: VRNOF) is expanding its cultivation and retail footprint in .

The Chicago-based company opted to acquire all of the issued and outstanding interests in Agri-Kind, LLC, and Agronomed Holdings Inc. for $66 million in cash, $49.5 million in stock, and a performance-based earnout of $31.5 million.

Verano is also poised to obtain all of the issued and outstanding equity interests in Agronomed Biologics, a joint venture between Agronomed Pharmaceuticals, …

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