Jushi Holdings to Acquire Nature's Remedy in Massachusetts
Jushi Holdings to Acquire Nature’s Remedy in Massachusetts Chris Furnari - Apr 19, 2021 at 12:06 PM Jushi Holdings will enter the Massachusetts cannabis market via the acquisition of Nature’s Remedy, a vertically integrated operator with two adult-use retail dispensaries and a 50,000 sq. ft. cultivation and processing facility. The cash-and-stock transaction is valued at $110 million, and includes a $40 million cash payment, $55 million in stock and a $5 million promissory note. An additional $10 million in stock-based milestone payments is also up for grabs once the deal closes during th...