Vireo Growth to acquire certain retail assets and properties of PharmaCann for $49m.

Vireo Growth, a medical marijuana growing, processing and dispensing company, agreed to acquire certain retail assets and properties of PharmaCann, a vertically integrated cannabis company, for $49m. “We are pleased to announce this transaction which reflects the continuation of our strategy to continue growing our business through accretive M&A. This transaction will complement our other recently acquired assets in Colorado,” John Mazarakis, Vireo Growth Chief Executive Officer.