DENVER – Verdant Capital Partners has entered into a definitive agreement to acquire the retail operations of Native Roots, consisting of seventeen cannabis dispensaries located in Colorado. Established in 2009, Native Roots is one of the longest-operating cannabis dispensary chains in the United States.
The transaction provides a path forward for the Native Roots retail business and positions the platform for continued operations under new ownership, subject to customary regulatory approvals.
Verdant Capital Partners was formed by cannabis operators and investors focused on acquiring and operating regulated retail cannabis assets.
The transaction is subject to regulatory approval of license transfers and other customary closing conditions.
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