Massachusetts Cannabis Control Commission has granted final license approval to Curaleaf Holdings Inc (OTCMKTS:CURLF) to inaugurate an adult-use cannabis dispensary at 124 Street in Ware, Massachusetts. The company expects to schedule the post-final inspections to inaugurate adult-use location by early March this year.
Opened first adult-use location in November 2019
Curaleaf has inaugurated its adult-use retail cannabis location in November 2019 in Oxford, Massachusetts. On January 29, 2020, the company opened the second adult-use location in Provincetown. It also established medical use cannabis facility in Hanover.
Reliable and high-quality medical use products
Chief Executive Officer of Curaleaf, Joseph Lusardi, said the company’s main strategy is to provide reliable and high-quality medical use cannabis products to the customers and patients in Massachusetts. The company is pleased to open a third adult-use retail cannabis dispensary in the commonwealth of Massachusetts.
Adds twenty new jobs
Patrick Jansson, President of Curaleaf Massachusetts, said the company will add twenty new jobs and contribute to the local economy. It yearns to establish a positive and impactful relationship with the local community. The company is pleased to bring its business to the Ware, Hampshire County. Curaleaf operates 53 dispensaries in the US.
Announces Expiration of waiting period for Grassroots
Curaleaf said the waiting period under the HSR (Hart-Scott-Rodino Antitrust Improvements Act of 1976) has expired to take over GR Companies, Inc. (“Grassroots”). Both the firms will work together to obtain state and regulatory approvals and complete the transaction in spring 2020.
Joseph said the company is excited to achieve milestones because it strives to acquire Grassroots. Following the takeover, Curaleaf expects to establish a strong presence in the Midwest. The customers and patients can get access to its industry-leading brands. Curaleaf will continue to focus on executing its strategy and enjoy the benefits of brand recognition and greater scale in the new and existing markets.
Grassroots is engaged in the sale of reliable cannabis products that improve the lives of people from all backgrounds. The customers can enjoy a unique, education, and wellness-focused dispensary experience. It holds facilities in Maryland, Michigan, Vermont, Ohio, Oklahoma, Pennsylvania, Nevada, Illinois, Connecticut, Arkansas, and North Dakota.
Stem Holdings Inc (OTCMKTS:STMH) Reports A Growth Of 960% In Q3 2020: Unveils TJGardens Branded Tinctures
Post Views: 351 Stem Holdings Inc (OTCMKTS:STMH) posted an increase of 960% YoY to $6.7 million in Q3 2020. It...
Indiva Ltd (OTCMKTS:NDVAF) Signs Three Provincial Agreements: Expands Distribution Network To Eight Provinces: Reports A Robust Growth Of 1273.7% In Q2 2020 Revenues
Post Views: 377 Indiva Ltd (OTCMKTS:NDVAF) posted a robust growth of 1273.7% YoY to CAD 2.826 million in revenues in...
4Front Ventures Corp (OTCMKTS:FFNTF) Receives Approval From CCC For Mission Dispensary and Cultivation Facilities In Worcester: Will Commence Adult-Use Cannabis Sales
Post Views: 343 CCC (Cannabis Control Commission) in Massachusetts approved cultivation and processing facilities and Mission Dispensary of 4Front Ventures...
Pure Sunfarms, A Joint Venture Of Village Farms International Inc (NASDAQ:VFF), Ships Bottled Oil Products TO British Columbia
Post Views: 482 Pure Sunfarms, which is a Village Farms International Inc (NASDAQ:VFF) JV, commenced shipment of Cannabis 2.0 products...
Health Canada Grants Cannabis 2.0 License To Abba Medix Corp, An Auxiliary Of Canada House Cannabis Group Inc (OTCMKTS:SARSF)
Post Views: 383 Abba Medix Corp., a wholly-owned subsidiary of Canada House Cannabis Group Inc (OTCMKTS:SARSF), received an amended cannabis...
SugarBud Craft Growers Corp (OTCMKTS:RLLRF) Receives An Amended License From Health Canada To Sell Dried Cannabis Products
Post Views: 431 SugarBud Craft Growers Corp (OTCMKTS:RLLRF) obtained an amended sales license from Health Canada. It allows the company...