Columbus cannabis business Green Growth Brands expanding to Florida wth latest acquisition

Green Growth Brands Inc. can open up to 35 medical marijuana dispensaries in Florida with a planned acquisition of a licensee. The Columbus cannabis retailer announced an agreement Tuesday to buy Spring Oaks Greenhouses Inc. for $54.7 million, to be paid in a combination of cash, stock and a promissory note. Spring Oaks was licensed to grow, process and dispense marijuana in April. "We admire several of the existing oper ators in the state, and Florida is a special market, with favorable financial…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news