Standard Wellness Holdings, LLC expands its medical cannabis footprint in Utah by acquiring Cannabist pharmacy
Acquiring Company
Standard Wellness Holdings
Acquired Company
The Cannabist Company Holdings
ClevelandNew YorkHealth CareCannabisAlternative MedicineOtherManufacturingHealthcareAgriculture and FarmingCannabisDescription
Standard Wellness Holdings, LLC has expanded its medical cannabis footprint in Utah through the strategic acquisition of the Cannabist pharmacy in Springville. The pharmacy will continue its operations under the name The Forest Springville, offering a wide variety of safe and effective cannabis products to the patients of Utah.
Quick answer
Standard Wellness Holdings is acquiring The Cannabist Company Holdings, announced March 25, 2024. Standard Wellness Holdings is based in Cleveland, Ohio, United States.
- How much did Standard Wellness Holdings pay for The Cannabist Company Holdings?
- The deal value was not disclosed.
- What does Standard Wellness Holdings do?
- Standard Wellness Holdings, LLC, founded in 2017, is a vertically integrated medical cannabis company with licenses to cultivate, process, and dispense in Ohio, Missouri, and Utah.
- Where are Standard Wellness Holdings and The Cannabist Company Holdings based?
- Standard Wellness Holdings is based in Cleveland, Ohio, United States. The Cannabist Company Holdings is based in New York, New York, United States.
- Who are the decision-makers at Standard Wellness Holdings?
- Fundz holds 3 contacts at Standard Wellness Holdings. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired The Cannabist Company Holdings?
The Cannabist Company Holdings was acquired by Standard Wellness Holdings, based in Cleveland. The deal was reported on March 25, 2024. Standard Wellness Holdings, LLC, founded in 2017, is a vertically integrated medical cannabis company with licenses to cultivate, process, and dispense in Ohio, Missouri, and Utah. Standard Wellness Holdings is privately held and operates in Health Care.
When did Standard Wellness Holdings acquire The Cannabist Company Holdings?
Standard Wellness Holdings's acquisition of The Cannabist Company Holdings was reported on March 25, 2024. Standard Wellness Holdings, LLC has expanded its medical cannabis footprint in Utah through the strategic acquisition of the Cannabist pharmacy in Springville. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does The Cannabist Company Holdings do?
The Cannabist Company Holdings Inc. is one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S. It is privately held, operating in Other, and is based in New York.
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