Captor Capital has also entered into a Definitive Agreement to acquire the remaining 49% equity interest in Captor Retail Group Inc., which owns and operates the One Plant retail dispensaries in California
Upon closing, Captor Capital will have full ownership of the One Plant dispensary chain and execute plans to expand Captor’s retail footprint and operations in California and other key U.S. states
TORONTO, Dec. 14, 2021 (GLOBE NEWSWIRE) — Captor Capital Corp. (CSE: CPTR; FRANKFURT: NMVA; STUTTGART: NMVA) (“Captor Capital” or the “Company”) is pleased to announce that, pending receipt of all required governmental approvals, Captor Retail Group Inc., which owns and operates the One Plant chain of retail dispensaries in the State of California, will open its ninth retail dispensary in the growing market of Palm Springs, California on or before December 22, 2021.
One Plant Palm Springs is located at 2739 N. Palm Canyon Drive, Palm Springs, California and will be open during the hours of 8a.m. to 10p.m. seven days a week. Palm Springs is a strategically important location in the robust California cannabis marketplace, and One Plant’s latest dispensary is expected to serve the approximately 45,000 residents¹ and over 14.1 million visitors² of the Palm Springs community.