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Purchase-based Valley Agriceuticals receives medical marijuana license, acquisition approval

New York State Department of Health lets iAnthus Capital Holdings Inc. acquire Purchase-based Valley Agriceuticals LLC for $17 million.

Purchase-based medical marijuana company Valley Agriceuticals acquired for $17 million

Valley Agriceuticals LLC, a Purchase-based company that has conditional approval for a New York medical marijuana license, will be acquired by a New York and Toronto-based cannabis company that already operates in multiple states.