2 Firms Guide Columbia Care's $42M Deal For Colo. Pot Co.

Law360 (June 16, 2021, 6:00 PM EDT) -- Cannabis giant Columbia Care Inc. is poised to acquire Denver dispensary Medicine Man in a deal steered by Foley Hoag LLP and Husch Blackwell LLP and valued at $42 million, the companies have announced.

Columbia Care executives on Tuesday touted the deal as a means for the company to expand in the Colorado market, citing Medicine Man's 42% sales growth in 2020 and saying the merger will add a cultivation facility and four dispensaries to Columbia Care's footprint.

In a statement Tuesday, Columbia Care's CEO Nicholas Vita said the deal "will further cement our position as the leading vertically integrated operator...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!