The dispensary land grab continues apace.
Is it just us but the hottest part of the market appears to be dispensary M&A at the moment. It is happening countrywide
MJ Biz
Grupo Flor, a vertically integrated marijuana company based in Salinas, California, spent $16 million to acquire the White Fire cannabis store in San Jose and expand its portfolio.
Grupo Flor, founded in 2015, already owns two dispensaries operating as East of Eden in Salinas and Moss Hill and plans to open another store, under the Flor name, in Union City.
The company plans to open an additional White Fire outlet in Prunedale before the third quarter of 2021, according to a news release.
