Vireo Health sells equity in Pennsylvania Medical Solutions for $37M

Two weeks removed from ousting its Executive Chairman Bruce Linton, Vireo Health International Inc., is  selling its equity in Pennsylvania Medical Solutions. Vireo, the Minneapolis-based commercial cannabis company that owns Minnesota Medical Solutions, announced Monday it reached an agreement with cannabis and hemp company Jushi Inc., a subsidiary of Vancouver-based Jushi Holdings, Inc. The $37 million deal includes $16.3 million in cash and an 18-month option for Jushi to purchase equity…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news