86°F
weather icon Clear

Florida firm buys Las Vegas-based cannabis store

Updated September 29, 2021 - 4:05 pm

A Florida-based cannabis operator is spreading its roots into Las Vegas.

Jushi Holdings Inc. announced Wednesday in a press release that it would be acquiring 100 percent of the equity interest in Las Vegas dispensary The Apothecarium, near West Sahara Avenue and South Buffalo Drive. The value of the deal was not disclosed.

The deal follows a previous acquisition made by Jushi Holdings of North Las Vegas-based cannabis cultivator Franklin Bioscience NV in April.

“The acquisition of Apothecarium represents an attractive opportunity for Jushi to establish its first retail store in this large, strategic western market,” said Jushi CEO and founder Jim Cacioppo.

Contact Subrina Hudson at shudson@reviewjournal.com. Follow @SubrinaH on Twitter.

LISTEN TO THE TOP FIVE HERE
SPONSORED BY BEST MATTRESS
Don't miss the big stories. Like us on Facebook.
THE LATEST
County approves new request from Tropicana hotel-casino

Management of the now-closed 67-year-old resort on the Strip told the County Board of Commissioners the request relates to the construction timeline for the Oakland Athletics’ $1.5-billion ballpark plan.

Fontainebleau adds summer parking perk

The hotel-casino on the north Las Vegas Strip says the new promotion is meant to make the property more accessible.