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Announced

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Jushi Holdings completed the acquisition of Nature’s Remedy for $91m.

Synopsis

Jushi Holdings, a vertically integrated, multi-state cannabis operator, completed the acquisition of Nature’s Remedy, a vertically-integrated single state cannabis operator in Massachusetts, for $91m. “We are excited to announce that we have signed a definitive agreement to acquire Nature’s Remedy, a vertically integrated business operating high-quality, well-managed assets in Massachusetts. Our entrance into Massachusetts will mark the seventh state where we operate cannabis assets and the third state where we are vertically integrated. This acquisition will enable us to rapidly build scale in an important, maturing adult-use market with a defensible retail position and a solid cultivation footprint with significant opportunities to expand," Jim Cacioppo, Jushi CEO, Chairman and Founder.

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