Press Release: Foley Hoag Advises The Cannabist Company on Multiple Acquisition Agreements with Verano Holdings Corp.

Hemp Cultivation, Processing & Extraction News, Hemp Legalization & Regulatory News for Hemp Businesses

Foley Hoag LLP advised The Cannabist Company Holdings (f/k/a Columbia Care), an experienced cultivator, manufacturer and provider of cannabis products and related services, in a $105 million transaction with Verano Holdings Corp. The deal involves one cultivation and production facility in Virginia and one cultivation facility, one production facility and two dispensaries in Arizona.

The transaction was announced in a release from the parties.

A team of Foley Hoag attorneys including Erica Rice, Kevin Lin, Courtney Suggs and Aleks Fernandez Caballero advised The Cannabist Company in this transaction.

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