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Benzinga
Benzinga
Business
Vuk Zdinjak

BellRock Brands To Acquire Michigan Adult Use Marijuana Product Manufacturer

Michigan Marijuana United States Jackson ROSE

BellRock Brands Inc. (OTCEM:DXBRF) (CSE:BRCK) entered into an agreement in principle for one of its U.S. subsidiaries to purchase JRMI27, LLC, a medical and adult use marijuana product manufacturer located in Jackson, Michigan, subject to approval by Michigan's Cannabis Regulatory Agency and applicable local agencies.

BellRock's flagship brands, Dixie Brands and Mary's Medicinals, currently enjoy a presence in Michigan under a licensing agreement with JRMI27, but the acquisition of the license by the subsidiary of the company, if approved, will offer BellRock a lasting presence in the Michigan market.

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