Public marijuana products company sells only Arizona dispensary
Published: Monday, October 23, 2023 - 7:04am
Updated: Monday, October 23, 2023 - 7:11am
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A publicly traded company that makes marijuana products says it has closed the sale of its only licensed operation in Arizona.
A news release from Cresco Labs says $6.5 million in cash was the price paid by an affiliate of an Arizona-based company for a dispensary located west of downtown Phoenix.
Stocks in the Chicago-based Cresco Labs are traded on the Canadian Securities Exchange.