Connect with us

Business

Schwazze (OTCMKTS: SHWZ) Spends $6.7 Million to Acquire the Assets of Brow 2, LLC, Located in Denver, Colorado

Published

on

Innovative thinking is what will keep the next era of the cannabis industry alive. This is according to Schwazze (OTCMKTS: SHWZ), the parent company of an exclusive portfolio of vertically integrated cannabis brands spanning seed to sale. Its mission is to provide memorable experiences from some of the most trusted products. The company’s primary focus is on the health, wellness, and happiness of its customers. 

And while cannabis continues to become the new way of life, Schwazze has acquired the assets of Brow 2, LLC, a Colorado cultivation grower. The acquisition worth $6.7 million payable in cash upon closure through a definitive agreement includes a 37,000 square foot building for indoor cultivation and equipment. 

“…This acquisition will add a talented team of growers, high-quality indoor flower cultivation capacity, new strain genetics, and another profitable asset to our platform…,” said Justin Dye, Schwazze’s CEO. 

The Company’s Intent To Apply Its Operational Playbook 

Schwazze’s former operating trade name is Medicine Man Technologies, Inc. The company is passionate about making a difference in communities as it seeks to improve lives. Its mission is to promote diversity and inclusion through the incorporation of climate-conscious best practices. 

Schwazze’s drive is in expanding into markets where it can influence itself in a leadership position. Hence, the new acquisition is expected to enhance the company’s aggression. Additionally, it has anchored its operations on a high-performance culture by purposeful design while combining customer-centric thinking. 

The Launch Of Cannabis Product Home Delivery Service to The City Of Aurora 

The residents of the City of Aurora are a happy lot. Thanks to Aurora home delivery service available at Schwazze’s Star Buds Montview retail dispensary located at 10100 E. Montview Boulevard. This is the first phase of home delivery in Colorado, and the second is expected to start towards the end year. 

Schwazze’s COO, Nirup Krishnamurthy, says that the availability of this service is a positive step forward to accomplish its goal of making cannabis products more accessible. 

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.

FEATURED STORIES

Business6 hours ago

Tauriga Sciences, Inc. (OTCMKTS: TAUG) Sets up a Clinical Trial to Determine the effects of Cannabidiol on Pregnant Women with a Hyperemesis Gravidarum Diagnosis.

Post Views: 4 Nausea and vomiting are very common in early pregnancy, and the victims have to ingest multiple medications....

Business6 hours ago

BetterLife Pharma Inc. (OTCMKTS: BETRF) Announce Initiation Of In Vitro Studies of AP-003 Against The Delta Variant of SARS-CoV-2

Post Views: 23 Depression impacts approximately 265 million people in the world. According to WHO, it is one of the...

Business6 hours ago

Ayr Wellness Inc. (OTCMKTS: AYRWF) Signs a Binding Letter of Intent to Acquire PA Natural Medicine, LLC

Post Views: 23 Curiosity about cannabis is building by the day as more expert cultivators, manufactures, budtenders, and patient consultants...

Business6 hours ago

Schwazze (OTCMKTS: SHWZ) Spends $6.7 Million to Acquire the Assets of Brow 2, LLC, Located in Denver, Colorado

Post Views: 36 Innovative thinking is what will keep the next era of the cannabis industry alive. This is according...

Business1 day ago

Valens Company Inc (OTCMKTS: VLNCF) Acquires Leading, Premium Craft Licensed producer, Citizen Stash Cannabis Corp

Post Views: 95 Valens Company Inc (OTCMKTS: VLNCF), a leading manufacturer of cannabis products, announced that it entered into an...

Business1 day ago

Harvest One Cannabis Inc’s (OTCMKTS: HRVOF) Dream Water Brand Launches its Sleep Gummies into the American Market

Post Views: 98 Harvest One Cannabis Inc (OTCMKTS: HRVOF) reported that its Dream Water launched sleep gummies for a new...