Grassroots Cannabis

Overview
News
Cannabis?
Product stageSegments
Expansion
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Cultivators, Dispensaries, Extractors and infusers
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Grassroots Cannabis is a vertically integrated multi-state cannabis operator based in Illinois. The company specializes in the cultivation, processing, and retail distribution of medical and recreational cannabis products. Grassroots operates over 20 dispensaries under brands like Herbology, Greenhouse, and Windy City Cannabis across six states, including Illinois, Maryland, Ohio, and Pennsylvania.

The company takes pride in its cultivation process, which involves cloning from mother plants, vegetative growth, flowering, pre-harvest flushing, harvesting, drying, and curing to ensure high-quality cannabis flower, concentrates, vapes, and edibles. Grassroots' product offerings encompass a wide range of strains, both indica and sativa, as well as hybrids. Notable strains include Bubba Diagonal, White OG, Ghost Rider, and Candyland, among others.

In July 2019, Curaleaf, a Massachusetts-based cannabis company, announced plans to acquire Grassroots for USD 875 million in stock and cash. The acquisition expanded Curaleaf's presence from 12 states to 19, adding key markets like Illinois and Pennsylvania to its portfolio. Upon completion of the deal, the combined entity would have 131 dispensary licenses, 68 operational locations, 20 cultivation sites, and 26 processing facilities.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
344 N Ogden Ave Chicago IL USA
Founded year:
2014
Employees:
251-500
IPO status:
Private
Total funding:
USD 90.0 mn
Last Funding:
USD 90.0 mn (Series Unknown; Mar 2019)
Last valuation:
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