Green Thumb Industries Inc., which is one of the six new Alternative Treatment Center license winners in New Jersey, is also expanding its operations to Connecticut.
The national cannabis consumer packaged goods company and owner-operator of the national retail chain RISE announced it has signed a definitive agreement to acquire Advanced Grow Labs LLC.
AGL is one of only four companies in Connecticut licensed to grow and process cannabis and operates a 41,000 square foot manufacturing facility in West Haven with the potential to expand. In addition, AGL has a 46 percent ownership of a recently awarded dispensary that will be located in Westport, which makes it the only vertically licensed company in the state. AGL produces and distributes a wide range of cannabis products to every operating store in the state.