Verano Holdings Corp. (OTC: VRNOF) is poised to acquire three additional dispensaries in Pennsylvania.
Under the deal, the Chicago-based company agreed to purchase all of the issued and outstanding equity interests of The Healing Center, LLC for $110.3 million.
The price tag includes $55.15 million in cash and $55.15 million in Verano’s Class A subordinate voting shares and Class B proportionate voting shares. Fifty percent of the sum paid in cash is payable at closing, and the remaining 50% is to be paid within two months once the deal is finalized.
The …
