Articles from Mint Cannabis

Mint Cannabis, one of the nation’s fastest-growing cannabis dispensary operators, is bringing its industry-leading retail experience to Las Vegas with two new dispensaries. This expansion marks the Mint’s official entry into the Nevada market, perfectly timed with the celebration of National Cannabis Day on April 20.

Leading private multi-state operators MINT Cannabis (“MINT”) and Shango (“SHANGO”) announced today that they have, through a joint venture (the “MINT SHANGO JV”), entered into a definitive agreement to acquire all membership interests in The Cannabist Company Holdings Inc.’s (“The Cannabist Company”) (Cboe CA: CBST) (OTCQX: CBSTF) (FSE: 3LP) Florida subsidiary. This acquisition of a dominant operational Florida vertical is anticipated to provide immediate scale for the MINT SHANGO JV in this state through 14 dispensary locations, two cultivation and manufacturing facilities, all inventory, and its MMTC license (the “MINT/SHANGO Transaction”) for total consideration of $5M. As part of the MINT/SHANGO Transaction, the MINT/SHANGO JV will retain its existing indoor cultivation facility, and The Cannabist Company has separately divested its Lakeland facility. Additionally, the MINT SHANGO JV has also entered into an agreement to transfer to The Cannabist Company all of the outstanding equity interests in its existing MMTC license holder which they plan to divest upon close.

While its retail locations come alive on National Cannabis Day (April 20) with DJs spinning, and customers enjoying free food, giveaways, and the opportunity to win a Ford Mustang GT, the Mint Dispensary will mark 4/20 with an important milestone in its history – a name change to Mint Cannabis.