Story Cannabis Company Acquires 4 Vertically Integrated Nature's Medicines Dispensaries In Arizona
Portfolio Pulse from Maureen Meehan
Story Cannabis Company has announced the acquisition of four vertically integrated cannabis licenses from Devi Holdings Inc. The licenses are currently branded under the name Nature’s Medicines and are located in Arizona. The acquisition is part of Story Cannabis's strategic plan to grow quickly through the purchase or expansion of vertically integrated cannabis assets in target states. The company's portfolio in Arizona now includes operations of 11 retail locations and two cultivation facilities.
August 04, 2023 | 11:45 am
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Story Cannabis Company, led by former Harvest Health and Recreation executive Jason Vedadi, has acquired four cannabis licenses in Arizona. This could potentially impact Harvest Health's market share in the region.
The acquisition by Story Cannabis, led by a former executive of Harvest Health, could potentially lead to increased competition for Harvest Health in the Arizona market, potentially impacting its market share and stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Story Cannabis Company, led by former Trulieve COO Joe Sai, has acquired four cannabis licenses in Arizona. This could potentially impact Trulieve's market share in the region.
The acquisition by Story Cannabis, led by a former COO of Trulieve, could potentially lead to increased competition for Trulieve in the Arizona market, potentially impacting its market share and stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70