PharmaCann Inc. Announces the Planned Acquisition of The Clinic Dispensary Locations
September 12th, 2022
News, Top News
Acquisition will expand PharmaCann’s LivWell brand presence
in Colorado, add Denver dispensaries
CHICAGO and DENVER (September 12, 2022) – PharmaCann Inc., one of the nation’s largest privately held, vertically integrated cannabis companies, today announced the planned acquisition of all four locations of The Clinic, a group of premiere, boutique Colorado marijuana dispensaries. The planned acquisition contemplates rebranding all locations to the popular LivWell brand. Upon completion of the acquisition, LivWell, the state’s leading cannabis brand, will enjoy the largest presence in Colorado with 26 dispensaries in the Centennial State. The Clinic’s dispensary locations are within the Denver metro area and offer award-winning cannabis products and accessories to both recreational customers and medical patients.
“PharmaCann’s acquisition of The Clinic’s dispensaries expands our presence in Colorado, bolstering the LivWell brand’s prominence as a locally renowned cannabis brand in the state with strong ties to local communities,” said Brett Novey, CEO of PharmaCann. “We look forward to continuing to bring our world-class cannabis products to the patients and customers of Colorado’s largest dispensary footprint.”
Upon completion of the planned acquisition, PharmaCann’s operations will include 26 LivWell dispensaries in Colorado. PharmaCann currently operates 55 dispensaries and nine cultivation and production facilities across eight states.
“When we started LivWell 13 years ago this October, we never imagined becoming part of one of the largest and most admired cannabis companies in Colorado, let alone the nation,” said Chris Mapson, PharmaCann’s Vice President of Marketing. “Joining the PharmaCann family and continuing to grow the LivWell brand through acquisitions solidifies LivWell as the largest brand in Colorado and one of the most recognizable and respected brands in the U.S.”
The closing of the transaction is subject to state and local regulatory approvals.
For more information or to schedule an interview, contact [email protected].
PharmaCann Inc. is one of the nation’s largest privately held, vertically integrated cannabis companies, providing safe, reliable, and high-quality cannabis products to people in both the medical and adult-use markets. We are a seed-to-sale cannabis and infused product retailer. The PharmaCann geographic footprint includes LivWell Enlightened Health and Verilife dispensaries, including cultivation and processing operations in eight states. We have developed our matter.™, LivWell, Magnitude, Sweet Grass, #HASH, Full Melt, Tonic Drops and 5 Leaf branded products that deliver a high-quality, consistent user experience. For more information about PharmaCann, please visit PharmaCann.com.
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