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Cannabis Co Verano Expands In Pennsylvania, Wraps Up Three Previously Announced Acquisitions

M&A’s continue in 2021

Multi-state cannabis company Verano Holdings Corp. has closed three previously announced acquisitions and significantly boosted its retail footprint in Pennsylvania.

TerraVida Deal: The Chicago-based company wrapped up the purchase of three medical marijuana dispensaries in Sellersville, Abington, and Malvern.

Verano disclosed its plans to merge subsidiaries with TerraVida Holistic Centers LLC and GVB Holding Group LLC, which operated stores, in February in a deal worth $62.5 million.

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Marijuana Retail Report, is a national daily online trade publication serving retailers of marijuana products and accessories. News and information are geared strictly to select retail channels, with distribution limited to licensed collectives, recreational retailers, accessories retailers, and wholesalers.

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