Fast-growing cannabis company acquires two AZ dispensaries – ABC15 Arizona

Massachusetts-based cannabis grower and dispenser Curaleaf Holdings Inc. said it has made two more acquisitions in Arizona with a combined consideration of $25.5 million in cash and stock.

The first acquisition, Glendale Greenhouse, a 20,000-square-foot cultivation and processing facility with a separate dispensary, will be rebranded to fit the Curaleaf model once the transaction closes.

The growhouse will serve the company’s existing infrastructure.

The Glendale Greenhouse purchase also comes with a line of wholesale products Curaleaf plans to sell in their dispensaries statewide.

Read more about the dispensaries from the Phoenix Business Journal.

Read More Here...

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