PRESS RELEASE
4 September 2025

Ballard Spahr Advises Medical Cannabis Dispensary Operator On Acquisition Of 3 Locations

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Ballard Spahr LLP

Contributor

Ballard Spahr LLP—an Am Law 100 law firm with more than 750 lawyers in 18 U.S. offices—serves clients across industries in litigation, transactions, and regulatory compliance. A strategic legal partner to clients, Ballard goes beyond to deliver actionable, forward-thinking counsel and advocacy powered by deep industry experience and an understanding of each client’s specific business goals. Our culture is defined by an entrepreneurial spirit, collaborative environment, and top-down focus on service, efficiency, and results.
Ballard Spahr M&A lawyers represented VP Investment Holdings, LLC—composed of principals from leading privately held medical cannabis dispensary operator Restore Integrative Wellness Center, LLC—in the acquisition of the Pennsylvania affiliate of The Cann
United States

Ballard Spahr M&A lawyers represented VP Investment Holdings, LLC—composed of principals from leading privately held medical cannabis dispensary operator Restore Integrative Wellness Center, LLC—in the acquisition of the Pennsylvania affiliate of The Cannabist Company Holdings, Inc. (Cannabist), and its three dispensaries.

The acquisition includes medical dispensaries in Scranton, Allentown, and Wilkes-Barre, which will be rebranded to the Restore brand, Cannabist said in anannouncement. The sale includes a concurrent supply agreement for products produced by Cannabist's grow/processing affiliate, Green Leaf Medicals, LLC.

The Ballard Spahr team advising on the transaction is led byMergers and AcquisitionsPartnerRyan J. Udelland includes M&A Of CounselAdam J. ChelminiakandReal Estate DepartmentAssociateDimitrios Angelakos.

Contributor

Ballard Spahr LLP—an Am Law 100 law firm with more than 750 lawyers in 18 U.S. offices—serves clients across industries in litigation, transactions, and regulatory compliance. A strategic legal partner to clients, Ballard goes beyond to deliver actionable, forward-thinking counsel and advocacy powered by deep industry experience and an understanding of each client’s specific business goals. Our culture is defined by an entrepreneurial spirit, collaborative environment, and top-down focus on service, efficiency, and results.

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