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Florida company buys Pennsylvania medical marijuana dispensary operations, has eyes on Pittsburgh

Jushi Holdings, a Florida-based cannabis and hemp company, closed its previously announced $63 million acquisition of all of the membership interests in Franklin Bioscience-Penn LLC.

The deal covers the Pennsylvania medical marijuana dispensary operation of Franklin Bioscience and its subsidiaries, which have a total of four dispensary permits issued by the state health department. Those permits allow for the holder to open a total of 12 medical marijuana dispensaries in Pennsylvania.

On the east…

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