A multi-state cannabis company has completed its acquisition of a dispensary and cultivator in Connecticut, solidifying a position to become a player in the state’s nascent recreational market.

Verano Holdings Corp., a firm with active cannabis businesses in 12 states, announced its acquisition of Connecticut Pharmaceutical Solutions Inc., a Rocky Hill-based cultivation facility, and Caring Nature LLC, a dispensary in Waterbury, in November.

The company announced Tuesday the deal had closed. In October, Verano also closed on a deal to acquire Willow Brook Wellness, a Meriden dispensary.

The Connecticut Pharmaceutical acquisition includes $113.25 million in voting shares and $18.5 million more in “subordinate voting shares of the company upon the first adult-use sale of cannabis in Connecticut,” according to a Verano news release.

Connecticut Pharmaceutical Solutions is one of four licensed cannabis production facilities in the state. All are owned by out-of-state companies. Verano operates under brands such as Zen Leaf and MUV.

Chicago-based Verano is one of several multi-state companies that have entered the Connecticut market as the state launches its adult-use program.

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