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CLS Holdings to acquire licensed medical marijuana dispensary In Good Health

CLS Holdings USA Inc. agreed to acquire Brockton, Mass.-based licensed medical marijuana dispensary In Good Health Inc.

The Las Vegas-based cannabis producer and retailer had previously loaned $5 million to In Good Health and had an option to acquire the dispensary.

Completion of the transaction is subject to certain conditions, according to a Jan. 16 news release.

In Good Health provides services to 18,000 registered patient and delivers concentrates, vapes, edibles, pre-rolls and tinctures to 1,700 homes.