Multi-state cannabis company Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) has closed three previously announced acquisitions and significantly boosted its retail footprint in Pennsylvania.
TerraVida Deal: The Chicago-based company wrapped up the purchase of three medical marijuana dispensaries in Sellersville, Abington, and Malvern.
Verano disclosed its plans to merge subsidiaries with TerraVida Holistic Centers LLC and GVB Holding Group LLC, which operated stores, in February in a deal worth $62.5 million.
The price tag included $15 million payable upon closing the deal, $10 million payable within three …
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More Cannabis Co Verano Expands In Pennsylvania, Wraps Up Three Previously Announced Acquisitions