CULTA Acquires Greenhouse Wellness and Kannavis Dispensaries in Maryland
June 12, 2023
CULTA, through its subsidiary CULTA Dispensary Group, signed a definitive agreement to acquire two female‑owned Maryland dispensaries: Growing Ventures (d/b/a Greenhouse Wellness) and K&R Holdings (d/b/a Kannavis). The purchases expand CULTA's retail footprint ahead of Maryland's adult‑use legalization and aim to preserve local staff and emphasize product quality and patient experience.
- Buyers
- CULTA Dispensary Group (CULTA)
- Targets
- Growing Ventures (d/b/a Greenhouse Wellness), K&R Holdings (d/b/a Kannavis)
- Sellers
- Gina Dubbé, Leslie Apgar, Gigi St. John, Jane Klink
- Industry
- Retail
- Location
- Maryland, United States
- Transaction Type
- Buyout
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