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ACE will assume Vireo Health’s licenses, inventory and assets, as well as a lease agreement for the company’s Johnstown, New York cultivation and manufacturing campus.
Operating as Gold Flora Corporation, the California company has a portfolio including cultivation, distribution, product brands, and a retail and delivery footprint.
Cronos Group Inc. says it has received “unsolicited indications of interest” from third parties seeking a potential transaction with the Canadian cannabis company.