Ethos Cannabis, a Pennsylvania-based multi-state cannabis operator, has announced its entry into the Maryland market.
The company said it has officially acquired the right to manage and ultimately purchase Maryland medical cannabis dispensaries of 4Front Ventures Corp., which are currently operated under the ‘Mission’ brand.
Ethos is acquiring the rights to manage and ultimately own three operational dispensary licenses in Rockville, Catonsville and Hampden, Maryland, which are all in the Baltimore and Washington, D.C. areas.
Ethos currently has operations and investment interests in Pennsylvania, Massachusetts, Florida and Arizona.
The company noted that the transaction for the rights to manage and ultimately own the Maryland dispensaries was pending final regulatory approval from the Maryland Medical Cannabis Commission, which is now complete.
Accordingly, all existing stores will be rebranded from the “Mission” brand to “Ethos.”
The transaction regarding the Maryland dispensaries…