In a deal combining two Oregon marijuana businesses, Golden Leaf Holdings has signed an agreement to acquire Chalice Farms, a vertically integrated company that operates four medical and adult-use retail outlets.
The acquisition is the latest sweeping through the cannabis industry.
Golden Leaf, which produces and distributes marijuana flower and oil goods through its subsidiaries, will pay $19.3 million in cash and 83.4 million shares of its common stock to acquire Chalice Farms. Golden Leaf trades on the over-the-counter markets under the ticker symbol GLDFF.
Under the deal, Chalice Farms also will receive
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Golden Leaf buys Oregon marijuana business Chalice Farms is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs
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