Parma Holdco LLC /
Green Leaf Medical of Virginia, LLC
Parma Holdco LLC to purchase Virginia cannabis business
Source for the buyer and target: Cannabist Co Holdings Inc.
For the buyer and target.
“On December 18, 2025, The Cannabist Company Holdings Inc. (the “Company”), Green Leaf Medical of Virginia, LLC, a subsidiary of the Company (“Green Leaf Virginia”), and Green Leaf Medical, LLC, another subsidiary of the Company and the sole member of Green Leaf Virginia (the “Member”), entered into an equity purchase agreement (the “Equity Purchase Agreement” and the transaction contemplated thereunder, the “Transaction”) with Parma Holdco LLC (“Buyer”) and, solely for the limited purposes set forth therein, Millstreet Credit Fund LP (“Millstreet”).”
Published 19 Dec 2025
Open the sourceWhat happened
Parma Holdco LLC agreed to purchase all of the issued and outstanding equity interests of Green Leaf Medical of Virginia, LLC from Green Leaf Medical, LLC. The transaction is subject to closing conditions, including regulatory approvals. [01]
The total consideration is $130 million, including $117.5 million payable upon closing and $12.5 million to be escrowed. [01]
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Parma Holdco LLC to purchase Virginia cannabis business
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