cleveland, March 25, 2024 /PRNewswire/ — Standard Wellness Holdings, LLC (“Standard Wellness”) is expanding its medical cannabis footprint. Utah Through the acquisition of Cannabist dispensaries located in springville. With this acquisition, Standard Wellness will be vertically integrated within the state and will continue to operate its dispensaries under the name The Forest Springville. The pharmacy was acquired for a combination of cash and sales notes.
“This acquisition has been a long time coming, but we couldn’t be more excited about it. Utah directly to the patient. The Forest Springville will soon power Standard Wellness’ growing and processing operations. collin, utah” said the Vice President of Revenue. michael wells.
When shopping at The Forest, medical patients have access to a wide range of products including flowers, edibles, tinctures, topicals, extracts and more. The Forest will continue to carry products grown and manufactured by its affiliate company, Standard Wellness, including The Standard, The Solid, Black Sheep, Gummies and Airgraft.
“We are extremely proud of the group effort our team has made with this new expansion,” said Standard Wellness COO and Utah Resident, Scott Erickson. “We look forward to offering our approach to health and wellness to our patients. Utah Through safe and effective cannabis products. ”
Jared Malouf“As we look to our balance sheet in 2024, we not only strengthen our foundation, but also remain focused on our core mission,” said Standard Wellness CEO. We plan to open five new pharmacies.” Ohioacquired a pharmacy in missouriWe will further expand our retail footprint in Utah with additional acquisitions. ”
About Standard Wellness Holdings LLC:
Founded in 2017 OhioStandard Wellness is vertically integrated. Ohio, missouriand Utah Licensed to grow, process, and sell in the states of maryland. The company currently operates five retail stores under the Forest brand. Standard Wellness was the first vertically integrated medical cannabis company in the United States. Ohio, became the first state to sell marijuana legally through its dispensary, Forrest Sandusky. In February 2020, we made our first ever delivery. Utah pharmacy.
The company has approximately 250 employees across multiple states, and its mission is to improve the quality of life through safe and easy access to cannabis.
SOURCE Standard Wellness Company, LLC
