2023-05-12 06:53:35 ET
- Schwazze ( OTCQX:SHWZ ) said it acquired certain assets of Cannabis Care Wellness Centers and Green Medicals Wellness Center (doing business as Smokey's) in Colorado in a US$7.5M cash and stock transaction.
- The transaction includes the recreational and medical use Smokey's dispensaries located at 2515 7th Avenue in Garden City and 5740 S. College Avenue in Fort Collins.
- These two cannabis markets have limited licenses and provide Schwazze with opportunities for customers in northern Colorado, the company added.
- Schwazze is the operating trade name of the company whose corporate entity continues to be named Medicine Man Technologies ( OTCQX:SHWZ ).
For further details see:
Schwazze acquires 2 retail cannabis dispensaries from Smokey's in $7.5M deal