Verano Holdings Corp, a leading multi-state cannabis company, today announced it has entered into definitive agreements for all of the issued and outstanding equity interests in Agri-Kind, LLC, Agronomed Holdings Inc., and Agronomed Biologics, LLC, which collectively will add the equity in two cultivation licenses (one active location plus another facility for additional cultivation and production that is currently under construction) and the equity in a permit to add six dispensaries (non-active, to be developed) in Pennsylvania. These equity transactions will enhance Verano’s presence in Pennsylvania and further the Company’s position as a U.S. market leader. Closing on the foregoing transactions is subject to customary conditions, contingencies, and approvals, including regulatory approvals. We’ve been determined to gain a true leadership position in Pennsylvania.

Published Ncv Newswire, New Cannabis Ventures, 04/22/2021 07:46:00

Open article: