The Highway Cannabis Company has completed the acquisition of three California retail dispensaries and an indoor licensed Southern California cultivation facility, following a $20 million equity funding round.
The company aims to create a vertically integrated cannabis platform operating under the Highway Cannabis brand, which will encompass retail locations and branded products.
Highway Cannabis acquired a retail location in Marina del Rey, currently operating as Marina Caregivers, and two of the premier locations in Santa Cruz from KindPeoples. Terms of the deals were not disclosed.
In addition, the company signed …