Massachusetts

Massachusetts has a population of 6.9 million people making the market one of the most sought after in the cannabis industry. Further, Massachusetts is also centrally located to dense populations with a less than 100-mile drive from Rhode Island, Connecticut, New York, New Hampshire and Vermont. Through our acquisition of In Good Health, CLS will be vertically integrated with cultivation production and dispensary licenses in Southeastern Massachusetts.

In Good Health

In Good Health

CLS has entered into a definitive agreement to acquire In Good Health, in accordance with the previously executed letter of intent. In Good Health is a licensed medical dispensary in Brockton, Massachusetts.

Subject to the terms and conditions of the Agreement, the parties have agreed upon all of the documents necessary to complete the acquisition. The completion of the acquisition of In Good Health remains subject to a number of conditions as set out in the Agreement.

In Good Health is located 25 miles south of downtown Boston and is one of less than 60 medical and 30 recreational dispensaries in the state. In Good Health operates a dispensary that was the second licensed medical dispensary in the state and has been operational since September 2015. In Good Health was awarded their recreational license in September 2019 and is currently servicing 25,000 registered patients and delivering to 2,800 homes with key product offerings of flower, concentrates, vapes, edibles, pre-rolls, and tinctures.

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