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Benzinga
Benzinga
Business
Vuk Zdinjak

Schwazze To Acquire Urban Health & Wellness In A $3.2M Stock And Cash Deal

Schwazze, (OTCQX:SHWZ) has signed definitive documents to acquire all the assets of Urban Health & Wellness, Inc. The proposed transaction includes the adult use Urban Dispensary, located at West 38th Avenue and Clay Street, in Denver's vibrant Highlands neighborhood as well as a 7,200 square foot indoor cultivation facility located in Denver, Colorado.

This purchase continues Schwazze's aggressive expansion in Colorado and upon close will bring the company's total number of Colorado dispensaries to 23 and grow facilities to four.

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