Illinois Adult-Use Cannabis Sales Surpass $37 Million in April

  • Ethos Cannabis , a Pennsylvania-based multistate cannabis operator with operations and investment interests in Massachusetts, Florida and Arizona, announced May 5 that it has signed definitive agreements to acquire the rights to 4Front Ventures’ dispensary locations in Pennsylvania and Maryland, which currently operate under the Mission brand.
  • Md. The dispensary license in Pennsylvania also allows the company to open two additional dispensary locations in the state, and all storefronts will be rebranded from Mission to Ethos.
  • The acquisition furthers Ethos’ goal of developing a strong presence in the Mid-Atlantic, East Coast and Midwest cannabis markets, according to President and CFO David Clapper.
  • One of our main focuses is here in the Mid-Atlantic region, here in the Northeast, Clapper told Cannabis Business Times .
  • Ethos is also working to open four retail locations in Massachusetts, as well as a cultivation and processing facility, which will open as soon as they receive final regulatory approvals.

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