Jushi Holdings Inc. Completes Previously Announced Acquisition of Established Nevada Operator
FBS Nevada holds medical and adult-use cannabis cultivation, processing, and distribution licenses issued by the Nevada Cannabis Control Board and currently operates cultivation, production and distribution facilities in North Las Vegas, Nevada.
- FBS Nevada holds medical and adult-use cannabis cultivation, processing, and distribution licenses issued by the Nevada Cannabis Control Board and currently operates cultivation, production and distribution facilities in North Las Vegas, Nevada.
- Jushi also owns the real estate associated with FBS Nevadas facilities in North Las Vegas, Nevada.
- In July 2019, the Companys subsidiary, Production Excellence, entered into the Nevada market under a management services agreement with FBS Nevada.
- To better serve the Nevada market, FBS Nevada plans to connect the two facilities to create a single production space for a total of approximately 16,600 sq.