Cannabis multistate operator PharmaCann is selling some of its Colorado retail assets to Minnesota-based Vireo Growth Inc. for $49 million, the companies said.
The all-stock deal includes leases for 17 operational dispensaries, licenses, inventory and intellectual property tied to the LivWell brand, according to a PharmaCann news release.
ADVERTISEMENT
Vireo now a leading Colorado MSO with 41 cannabis stores
The deal is expected to close in the first half of 2026 pending regulatory approvals and will expand Vireo’s footprint in Colorado to 41 cannabis stores.
“We are pleased to announce this transaction which reflects the continuation of our strategy to continue growing our business through accretive M&A,” Vireo CEO John Mazarakis said in a statement.
“This transaction will acquire our other recently acquired
Read full article on Marijuana Business Daily
