Illinois-based cannabis products maker Green Thumb Industries, Inc. (GTBIF) has entered Minnesota through the acquisition of medical cannabis formulations company LeafLine Industries, which has the license to grow, process and sell cannabis to patients. LeafLine is one of the only two cultivators that has the license to grow medical cannabis in Minnesota. The acquisition includes a cultivation facility of LeafLine and five of its retail locations in Willmar, St. Paul, St. Cloud, Hibbing and Eagan. As per the agreement, Green Thumb can open three more retail locations in Minnesota. Further, the acquisition expands Green Thumb’s operations to more than 50% of U.S.
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