MRCC

Grow, Gift, Repair

Out of state buyout

Verano said in a news release it has acquired 100% of Four Daughters Compassionate Care of Sharon, subject to review by Massachusetts regulators.
Verano would not disclose the exact purchase price but said the transaction is valued north of $30 million.

The acquisition includes:

A medical marijuana cultivation and processing facility under construction in Sharon as well as a dispensary under renovation there.

Local approval of recreational MJ facilities in Sharon.

Real estate and community agreements in Plymouth, Massachusetts, for an adult-use retail store.

Real estate and community agreements in Halifax, Massachusetts, for a 180,000-square-foot cultivation greenhouse and a 20,000-square-foot processing facility