JARS Cannabis to Acquire Sonoran Roots, Creating 27-Store Arizona Marijuana Retail Network

JARS Cannabis to Acquire Sonoran Roots, Creating 27-Store Arizona Marijuana Retail Network

The Marijuana Herald - Marijuana news and information JARS Cannabis has reached an agreement to acquire Arizona-based Sonoran Roots, a deal that would give the combined company 27 dispensaries across the state. Under the definitive agreement announced Tuesday, Sonoran Roots' eight Ponderosa Dispensary locations will become part of JARS, which currently operates 19 locations in Arizona. The companies say the acquisition will create the state's la…

JARS Cannabis to Acquire Sonoran Roots

PHOENIX — JARS Cannabis and Sonoran Roots have signed a definitive agreement under which JARS will acquire Sonoran Roots. Financial terms were not disclosed. As part of the transaction, Sonoran Roots’ eight Ponderosa Dispensary locations will be added to the JARS retail network, creating a retail network with 27 Arizona locations. The Ponderosa dispensary brand will transition to the JARS Cannabis name following closing, while the Sonoran Roots …