Schwazze Boosts Its New Mexico Footprint Via Acquisition Of Everest
Portfolio Pulse from Jelena Martinovic
Schwazze (OTCQX:SHWZ) has acquired certain assets of Sucellus, LLC, which will allow the company to manage Everest Apothecary, a New Mexico not-for-profit corporation. The acquisition includes retail dispensaries, cultivation, and manufacturing facilities, expanding Schwazze's footprint in the New Mexico market.
June 06, 2023 | 6:09 pm
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Schwazze's acquisition of Sucellus, LLC assets expands its New Mexico footprint, increasing its retail consumer base and growth strategy in the market.
The acquisition of Sucellus, LLC assets allows Schwazze to manage Everest Apothecary, a New Mexico not-for-profit corporation. This expands the company's footprint in the New Mexico market, increasing its retail consumer base and growth strategy. The acquisition includes retail dispensaries, cultivation, and manufacturing facilities, which will likely have a positive short-term impact on Schwazze's stock price.
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