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Chicago firm acquires Abingdon-based Dharma Pharmaceuticals | State and Regional News

nickymay by nickymay
July 4, 2021
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Chicago firm acquires Abingdon-based Dharma Pharmaceuticals | State and Regional News
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Below Virginia’s lately accredited adult-use hashish laws, current medical marijuana operators will be capable of receive a number of adult-use licenses in the event that they pay a $1 million charge to the Virginia Hashish Fairness Mortgage Fund and the Virginia Hashish Fairness Reinvestment Fund, and in the event that they submit plans for range, fairness and inclusion.

“Throughout the nation, we see [legalization] is a matter of when, not if,” Dooley mentioned.

Inexperienced Thumb’s philosophy, Dooley mentioned, is to ascertain itself in communities as a dependable associate. On this case, the corporate sought and acquired approval from the Virginia Board of Pharmacy to take over Dharma’s operations.

“We introduced our plans Might 3 and, for the previous two months, we have now been working with the Virginia Board of Pharmacy to get the approvals,” Dooley mentioned, including that some company people have been in Abingdon working with the present workforce.

“We primarily simply bought 30 new workforce members,” Dooley mentioned. “We’re excited to construct out. With the license, we will speak in confidence to 5 shops, and we look ahead to increasing.”

With the acquisition, Inexperienced Thumb has the chance to speak in confidence to 5 further retail areas in Virginia. Dharma beforehand introduced plans for a Salem dispensary location and work to ascertain it’s persevering with, Dooley mentioned.

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