Multistate marijuana operator Acreage Holdings said it has a definitive agreement to sell its medical cannabis operation in Florida to Red White & Bloom Brands for $60 million in cash and stock. The deal reflects a further retrenchment by New York-…
Red White & Bloom
Red White & Bloom borrows $60 million to buy Illinois marijuana grow facility
Toronto-based multistate cannabis company Red White & Bloom Brands (RWB) will purchase Illinois-based medical and recreational cultivation facility Cannabis Capital Partners Inc. for $32.5 million after borrowing $60 million.
Red White & Bloo…