Pot Co. Jushi To Snap Up Mass. Operator In $110M Deal – Law360

Law360 (April 19, 2021, 8:37 PM EDT) — Multistate cannabis operator Jushi Holdings Inc. announced Monday that it will enter the Massachusetts marijuana market with the $110 million purchase of a company with two retailers and a manufacturing facility.

The cash-and-stock acquisition of vertically integrated Nature’s Remedy of Massachusetts Inc. will grow Jushi’s total number of dispensaries nationwide to 19 and marks the company’s expansion into its seventh state, the company said in a statement.

“This acquisition will enable us to rapidly build scale in an important, maturing adult-use market with a defensible retail position and a solid cultivation footprint with significant opportunities to expand,” said Jim Cacioppo, CEO…

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