Zenbarn Farms Signs Deal to Acquire Vermont Patients Alliance and Curaleaf's Vermont Assets
FOR IMMEDIATE RELEASE
(WATERBURY, VT- 11/30/2023) – Zenbarn Farms, a mission-driven social equity company, has announced the planned acquisition of Vermont Patients Alliance (VPA) and all Vermont assets currently operated by Curaleaf.
This acquisition includes a medical dispensary in Bennington, a Medical/Recreational dispensary in Montpelier, and a state-of-the-art hybrid greenhouse cultivation and manufacturing facility.
VPA, one of the original medical cannabis companies in Vermont, was previously purchased by Grassroots (Chicago) and then by Curaleaf.
Zenbarn Farms plans to utilize the new facility to produce premium-quality cannabis using organic, sustainable, and regenerative agricultural practices. The company also plans to create a craft cannabis campus with a workforce development program and brand incubator supporting the development of a group of Vermont cannabis brands.
The workforce development program will offer seed-to-sale training, internship opportunities, and workshops to individuals in Vermont and nationally. The program will focus on providing training to BIPOC, women, people with disabilities, and those reentering society from correctional facilities.
The brand incubator will develop brands to showcase Vermont growers, producers, and innovative products. Zenbarn Farms' team includes some of the most experienced producers in the industry.
"This represents an opportunity to take our business to the next level and create something that will truly contribute to the Vermont community," remarked a representative from Zenbarn Farms. "We aim to foster a sustainable and equitable cannabis industry in the state of Vermont, and are grateful for the groundwork laid by Curaleaf, which has set a strong foundation for continued success.”
Zenbarn Farms aspires that this acquisition will not only elevate their business but also inspire individuals, particularly from underrepresented groups, to actively participate and secure ownership in the cannabis industry.
About Zenbarn Farms:
Zenbarn Farms is a mission-driven social equity company focused on creating a sustainable and equitable cannabis industry. The company is committed to using organic, sustainable, and regenerative agricultural practices and providing training opportunities for underrepresented groups in the cannabis industry.
Press Contact:
Elana Cohen
847-997-4404