Green Thumb signs $80M deal to acquire Connecticut medical marijuana firm

Green Thumb Industries (GTI), a vertically integrated, multistate cannabis company, signed a definitive agreement to acquire Connecticut’s Advanced Grow Labs in a deal valued at roughly $80 million. Advanced Grow Labs, one of only four licensed medical marijuana cultivation and processing companies in the state, owns a 41,000-square-foot manufacturing facility in West Haven and a 46% […]

Green Thumb signs $80M deal to acquire Connecticut medical marijuana firm is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Post date: 
01/07/2019 - 11:01am
Category: 
Briefs, Connecticut Medical Cannabis Business & Marijuana Legal News, Marijuana Stocks & Public Companies, Sales, Funding & Banking News, United States, Advanced Grow Labs Connecticut, Green Thumb Industries Connecticut, mergers and acquisitions
Source URL: 
https://mjbizdaily.com/green-thumb-industries-80-million-acquire-connecticut-med…
Author: 
Joey Pena
News Source: 
Marijuana Business Daily
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