Verano Holdings Corp. (CSE: VRNO) (OTCQX: VRNOF) (“Verano” or the “Company”), a leading multi-state cannabis company, today announced the closing of three previously announced, accretive transactions for all of the issued and outstanding equity interests in TerraVida Holistic Centers, LLC (“TerraVida”), GVB Holding Group, LLC, The Healing Center, LLC, and NSE Pennsylvania, LLC.
Transaction Highlights
TerraVida
- The transaction included three medical marijuana dispensaries in Sellersville, Abington, and Malvern, Pennsylvania.
The Healing Center
- The transaction included three medical marijuana dispensaries in Cranberry Township, Washington and Monroeville, Pennsylvania. Please refer to the Company’s previous announcement for more information.
NSE Pennsylvania
- The transaction included the ability to open three medical marijuana dispensaries in Pennsylvania.
About Verano
Verano Holdings Corp. is a leading, vertically-integrated, multi-state cannabis operator in the U.S., devoted to the ongoing improvement of communal wellness by providing responsible access to regulated cannabis products. With a mission to address vital health and wellness needs, Verano produces a comprehensive suite of premium, innovative cannabis products sold under its trusted portfolio of consumer brands: Verano, Avexia, Encore, and MÜV™. The company’s portfolio encompasses 14 U.S. States, with active operations in 11, which includes nine production facilities comprising approximately 770,000 square feet of cultivation. Verano designs, builds, and operates dispensaries under retail brands Zen Leaf™ and MÜV™, deliverin
