Verano Holdings Corp. (CSE: VRNO) (Pink: VRNOF) (“Verano” or “the Company”), a leading multi-state cannabis company, today announced it has closed on its Arizona acquisitions of Territory Dispensary, Emerald Dispensary and Local Joint Dispensary. The Company now has the third largest retail footprint in Arizona with six active storefronts, plus two cultivation facilities.
Transaction Highlights
Territory Dispensary
- The transaction included three premium, high-traffic dispensaries located in Mesa, Chandler and Gilbert, Arizona, plus approximately 20,000 sq. ft. of cultivation and processing in Winslow, and two real estate locations (collectively, the “Territory Dispensary”). For further information on the transaction, please see the Company’s previous announcement.
Emerald Dispensary
- The transaction included one highly productive dispensary in Central Phoenix. For additional information on this transaction, please refer the Company’s previous announcement.
Local Joint Dispensary
- The transaction included one highly productive dispensary, primely located just minutes from the Phoenix airport and the densely-populated university campus community. For additional information on this transaction, please see the Company’s previous announcement.
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