福莱律师事务所代表Cloud Cannabis完成被Stash Ventures收购事宜

福莱律师事务所（Foley & Lardner LLP）作为法律顾问，协助密歇根州领先大麻零售商Cloud Cannabis将其零售网点出售给Stash Ventures公司。

Cloud Cannabis’ previous owners will retain their cultivation, extraction, processing, and manufacturing operations, and Cloud Cannabis will continue to operate under its current brand name to preserve its well-established market position.

Cloud Cannabis was founded in 2020 by a group of Michiganders, with a mission of elevating the health and happiness of its customer base, helping them to “live higher” by providing a full range of cannabis products to fit consumers’ individual needs.

Stash Ventures is one of the largest cannabis investors in Michigan. As a vertically integrated cannabis company, Stash Ventures has access to growing, processing, and retail sale licenses, and has quality control from seed to sale. Through its notable brands Timber Cannabis Co., High Minded, and High Minded Creations, Stash Ventures currently has facilities in Mount Pleasant, Owosso, and Sturgis, Michigan. The acquisition of Cloud Cannabis will allow the company to grow its customer base throughout the state.

The Foley deal team was led by partner Rob Nederhood and included associates Caleb Erbert and Shelby Engelbrecht.