RICHMOND, Va. -- The company behind Richmond’s sole medical cannabis production facility is expected to be absorbed by a publicly-traded firm that’s already active in the state.
New York-based Columbia Care Inc. announced Tuesday it signed a definitive agreement to buy Green Leaf Medical LLC in a cash-and-stock deal valued at $240 million. Green Leaf (stylized “gLeaf”) is a Maryland-based company that operates a medical cannabis production and distribution facility in Manchester. Click here to keep reading on Richmond BizSense.
