LivWell owner PharmaCann to buy marijuana dispensary chain The Clinic

Cannabis retailer LivWell Enlightened Health is set to dominate the Colorado market with 26 dispensaries after PharmaCann announced its plan to buy The Clinic, a boutique dispensary chain in the Centennial State.

LivWell is a cannabis brand owned by PharmaCann — one of the biggest privately-held, vertically integrated cannabis companies in the U.S. With its roots in Colorado, LivWell currently manages 22 stores throughout the state, giving it a slight lead over other major players in the local cannabis industry.

Comparatively, The Green Solution — a Colorado-based, family-owned cannabis company — lists 20 locations on its website. Established in 2010, independently-owned Native Roots Cannabis Co. also operates 20 stores throughout the state.

Star Buds runs dispensaries in five states and Jamaica, but with 19 locations in Colorado. Green Dragon’s chain of dispensaries includes 17 in Colorado, according to its website.

All four of The Clinic’s Denver-area dispensaries would likely rebrand to LivWell under the planned acquisition. The deal’s closure is still subject to both Colorado and Denver regulatory approvals.

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