September 25, 2022

Rocky Daily News

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Denver Marijuana Company Trees to Purchase Green Tree Medicinals Dispensaries

1 min read

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Trees, a multi-state dispensary operator based in Colorado, has agreed to purchase two dispensaries and a handful of marijuana production licenses from Green Tree Medicinals.

The agreement, announced September 19, includes Green Tree Medicinals stores in Berthoud and Longmont, as well as 34,000 square feet of cultivation space and an extraction facility, all of which are located in Boulder. Specifics of the deal weren’t disclosed in the announcement, but Trees will pay Green Tree Medicinals a mixture of cash and stock. In Trees’ most recent quarterly filing, it didn’t mention the upcoming acquisition of Green Tree Medicinals.

Founded in 2009, Green Tree Medicinals began as a medical marijuana dispensary in Boulder before expanding into a handful of Front Range towns. The company began…

Thomas Mitchell

2022-09-19 10:28:00

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