Acreage Holdings acquires growing, processing, and retail operations in Ohio

Acreage Holdings, Inc., a -based driver of marijuana farming and retail centers in the United States, is finishing procurements of farming, processing, and retail operations in via its subsidiary, High Street Capital Partners, LLC.

Acreage became part of acquisition arrangements for these operations in the summertime of 2018 for an overall acquisition rate of around $ 7.1 million in money, $ 7.1 million in notes and $ 1.1 million in bonds valued at $ 3.3 million were paid back today.

Under the regards to the arrangements, Acreage got every one of the subscription rate of interests of Greenleaf Gardens, LLC, which runs a farming permit in Ohio, Greenleaf Therapeutics, LLC, which runs a processing permit in Ohio, and Greenleaf Apothecaries, LLC, which runs 5 retail drug stores in Ohio (jointly, “Greenleaf “). Upon conclusion of these procurements, Acreage will certainly after that combine Greenleaf’s outcomes in its combined economic declarations.

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