Standard Wellness is expanding its medical cannabis footprint in Utah through its acquisition of the Cannabist pharmacy, located in Springville. With this acquisition, Standard Wellness is now vertically integrated in the state and will continue operating the pharmacy under the name, The Forest Springville. The pharmacy was acquired for a combination of cash and a seller note.
"This acquisition has been a long time coming, and we couldn't be more excited to engage with Utah patients directly. The Forest Springville immediately strengthens Standard Wellness's cultivation and processing operations located in Corinne, UT," said Vice President of Revenue, Michael Wells.
When shopping at The Forest, medical patients will have access to a wide variety of products including flower, edibles, tinctures, topicals, extracts, and more. The Forest will continue to carry products grown and manufactured by its affiliate, Standard Wellness including The Standard, The Solid, Black Sheep, Gummiez, and Airgraft.
