Verano Holdings has closed transactions for all of the issued and outstanding equity interests in Agri-Kind, LLC, Agronomed Holdings Inc. and Agronomed Biologics, LLC.
The transaction includes the equity interests in two companies with cultivation and production licenses—one active 62,000 sq. ft. indoor facility plus a second cultivation and production facility that is currently under construction.
Agronomed also has a permit to add six dispensaries in Pennsylvania, the first of which already opened in Chester last month. The second dispensary location, in Pittsburgh, is scheduled to open in late-July, and the remaining four locations are in development. Through its clinical registrant dispensary operation (The Healing Research Center), Agronomed is partnered with Drexel University College of Medicine to conduct on-going medical cannabis research.
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