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Announced

Verano to acquire Goodness for $413m.

Synopsis

Verano, a multi-state cannabis operator, agreed to acquire Goodness, a physician-led, science-focused holding company, for $413m. “We have always viewed New York as a strategic market to solidify our existing east coast presence, particularly ahead of the state’s adult-use rollout, as we further expand the Verano platform and exceed a milestone of operating more than 100 dispensaries across the country. Adding the New York, Minnesota and New Mexico markets to our portfolio, with full vertical integration, provides Verano with a solid foundation for future growth. We’re excited to welcome new colleagues to the Verano family and look forward to serving patients and consumers in communities across these great states," George Archos, Verano Founder and CEO.

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