On August 18, 2025, The Cannabist Company, a cannabis
cultivator, manufacturer and retailer, announced that it closed on
the sale of its Pennsylvania affiliate to VP Investment Holdings,
LLC. The strategic transaction will allow The Cannabist Company to
enhance the commercialization of its grow-processor facility
located in Pennsylvania and continue to serve the broader market
through producing high-quality medical marijuana.
The team advising The Cannabist Company includes Erica Rice, Shane
Safer and Angelo Atangan.
The firm has advised The Cannabist Company (formerly known as
Columbia Care) on a number of strategic transactions, including the
sale of its Florida assets to Mint Cannabis; the sale of its
Arizona and Virgina assets to Verano Holdings Corp., and the $240M
acquisition of gLeaf.
Read the press release and
learn more about Foley Hoag's Cannabis and Hemp
practice.
PRESS RELEASE
20 August 2025
Foley Hoag Advises The Cannabist Company In Sale Of Pennsylvania Affiliate
Foley Hoag LLP
Contributor
Foley Hoag provides innovative, strategic legal services to public, private and government clients. We have premier capabilities in the life sciences, healthcare, technology, energy, professional services and private funds fields, and in cross-border disputes. The diverse experiences of our lawyers contribute to the exceptional senior-level service we deliver to clients.
On August 18, 2025, The Cannabist Company, a cannabis cultivator, manufacturer and retailer, announced that it closed on the sale of its Pennsylvania affiliate to VP Investment Holdings, LLC.