Mint Cannabis and Shango Joint Venture Enters into Definitives for the Acquisition of The Cannabist Company’s Florida Entity

Leading private multi-state operators MINT Cannabis (“MINT”) and Shango (“SHANGO”) announce that they have, through a joint venture (the “MINT SHANGO JV”), entered into a definitive agreement to acquire all membership interests in The Cannabist Company Holdings Inc.’s (“The Cannabist Company”) (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) Florida subsidiary. This acquisition of a dominant operational Florida vertical is anticipated to provide immediate scale for the MINT SHANGO JV in this state through 14 dispensary locations, two cultivation and manufacturing facilities, all inventory, and its MMTC license (the “MINT/SHANGO Transaction”) for total consideration of $5M.

Read the full article: Mint Cannabis and Shango Joint Venture Enters into Definitives for the Acquisition of The Cannabist Company’s Florida Entity //

Source: https://www.businesswire.com/news/home/20240903325139/en/Mint-Cannabis-and-Shango-Joint-Venture-Enters-Into-Definitives-for-the-Acquisition-of-the-Cannabist-Company%E2%80%99s-Florida-Entity

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