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Owner of Zen Leaf marijuana shops goes public

Verano Holdings will begin trading Wednesday on the Canadian Securities Exchange, becoming the third Chicago weed company to go public north of the border ....

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U.S. cannabis firm Verano goes public in Canada to aid growth

U.S. cannabis firm Verano goes public in Canada to aid growth
Tiffany Kary, Bloomberg News
VIDEO SIGN OUT
Cannabis operator Verano Holdings Corp. is poised to go public as a growing number of companies seek financing and weigh deals to capitalize on the sectorâs rapid growth.
The Chicago-based company is scheduled to begin trading Wednesday on the Canadian Securities Exchange following a reverse merger with Alberta-based Majesta Minerals Inc. Some U.S. firms have tapped the Canadian markets as legal restrictions prevent cannabis companies from trading on domestic exchanges.
The public listing will help Verano pursue a strategy of acquisitive growth, according to Chief Executive Officer George Archos. The company said itâs already the third-largest multistate operator in the U.S. by revenue following a deal with another cannabis company, Alternative Medical Enterprises LLC, which operates in Arizona and Florida. ....

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Verano Launches Another Zen Leaf Store In PA Ahead Of Reverse Takeover

The new Zen Leaf dispensary is located at 590 W. Plank Road in Altoona.
It’s the third retail location the Chicago company opted to open in the Keystone State.
The store offers a myriad of cannabis products, including concentrates, infused products, vaporizers, as well as flower.
Zen Leaf Altoona is the company’s 23rd operational dispensary nationwide.
“It’s a great privilege to continue our expansion of the distinctive Zen Leaf dispensary brand and experience in Pennsylvania with our newest location in Altoona, known for its history, vibrancy, and natural beauty,” the company’s founder and CEO George Archos said Friday. ....

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Majesta Minerals Inc. Announces Administrative Amendments to Plan of Arrangement

Majesta Minerals Inc. Announces Administrative Amendments to Plan of Arrangement
Company ) and Verano Holdings, LLC (
Verano ) have agreed to certain administrative changes to the plan of arrangement (the
Plan of Arrangement ) in connection with their previously announced proposed business combination (the
Transaction ).
The Plan of Arrangement has been amended to provide that each of Alternative Medical Enterprises, LLC, Plants of Ruskin, LLC and RVC 360, LLC have redomesticated from Florida to Delaware and the mergers involving each of these companies will be governed by the laws of Delaware. The State of Delaware has preclearance procedures that allow the parties to exercise greater control over the timing of a merger which is preferable for the closing of the Transaction. ....

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Majesta Minerals Inc. Shareholder Approval and Continuance into British Columbia

Majesta Minerals Inc. Shareholder Approval and Continuance into British Columbia
Toronto, Ontario (Newsfile Corp. - January 27, 2021) - Majesta Minerals Inc. (the
Company ) is pleased to announce that its shareholders approved all resolutions brought before them at the Company s Annual and Special Meeting of Shareholders held today (the
Meeting ), including the approval of all matters relating the proposed plan of arrangement (
Transaction ) with Verano Holdings, LLC (
Verano ), Alternative Medical Enterprises, LLC, Plants of Ruskin, LLC, and affiliated companies (collectively, the
AME Parties ).
In accordance with the resolution of the Company s shareholders obtained at the Meeting, the Company completed the continuance of the Company out of Alberta under the ....

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