SHWZ - Schwazze acquires Smoking Gun LLC and Smoking Gun Land Company LLC in cash and stock deal
Schwazze, (OTCQX:SHWZ) has acquired Smoking Gun, LLC and Smoking Gun Land Company, LLC for $4M in cash and 100K company's stock. The Smoking Gun dispensary and assets are located on a prime retail corner on Colorado Blvd. in Glendale, Colorado in the center of the greater Denver metro area. This acquisition is part of the company's continuing retail expansion plan in Colorado bringing the total number of dispensaries including announced acquisitions to 20. The acquisition is expected to close during the fourth quarter of 2021.
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Schwazze acquires Smoking Gun, LLC and Smoking Gun Land Company, LLC in cash and stock deal