Verdant Capital Partners Acquires Native Roots Retail Operations
Highlights
Hughes Hubbard advised on aspects of Verdant Capital Partners’ acquisition of the retail operations of cannabis company Native Roots.
The transaction includes 17 cannabis dispensaries located in Colorado and will allow for further grow of the Native Roots retail business.
Hughes Hubbard advised on aspects of Verdant Capital Partners’ acquisition of the retail operations of Native Roots, which consist of 17 cannabis dispensaries located in Colorado.
The transaction provides a path forward for the Native Roots retail business and positions the platform for continued operations under new ownership, subject to customary regulatory approvals.
Verdant Capital Partners is an investment and operations platform focused on building and scaling regulated cannabis businesses across select U.S. markets. Established in 2009, Native Roots is one of the longest-operating cannabis dispensary operators in the United States.
Katie Coleman advised Verdant in the transaction.
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