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.
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