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Multi-state cannabis firm to acquire Dundalk’s Charm City Medicus dispensary

July 12, 2021

A multi-state cannabis firm has acquired its second dispensary in Maryland, about four months after opening its first cannabis retail operation in Frederick. Goodness Growth Holdings Inc., parent of cannabis firm Vireo Health, announced Friday that its subsidiary has signed a definitive agreement to purchase Dundalk’s Charm City Medicus LLC. The acquirer expects consideration for the deal to total about $8 million, including $4 million in cash, $2 million in Goodness Growth stock and a $2 million promissory note issued to the seller.

Article Source: Baltimore Business Journal

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