chatter, SHWZ SHWZ signed final documents acquire certain assets by Lightshade Labs LLC. The proposed transaction includes the Adult use shadow of light pharmacies is located at 503 Havana St. in Aurora and at 2215 E. Mississippi Ave. in the Washington Park neighborhood of Denver. This acquisition continues Schwazze’s expansion in Colorado and upon completion will result in the company’s expansion Total number of pharmacies in Colorado to 25.
The consideration for the planned takeover is $2.75 million and get paid like everyone else Cash. The acquisition is expected to close in the first quarter of 2023, upon receipt of the Colorado Marijuana Enforcement Division and local licensing approval.
“Schwazze is excited to expand our retail presence in the Denver metro area and add two more retail locations to our existing 23 across Colorado. We look forward to expanding our exceptional customer service and broad product selection to new and existing customers in these new locations.” CollinLodgeDepartment President of Colorado.
As of April 2020, Schwazze has acquired or announced the proposed acquisition of 35 cannabis dispensaries, seven cultivation facilities and two manufacturing facilities in Colorado and New Mexico. In May 2021, Schwazze announced its BioSciences division and began home delivery services in Colorado in August 2021.
Photo: Benzinga; Sources: courtesy of Dmytro Tyshchenko and Kevin Ruck via Shutterstock
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