A Jacksonville-based medical marijuana company with a growing operating in St. Johns County has been acquired in a $49 million deal.
Jacksonville-based VidaCann LLC is being purchased by Planet 13 Holdings Inc., with the deal including 26 VidaCann dispensaries as well as a distribution and growing facility that can support 60 dispensaries — more than double what the combined company has now.
Part of the deal’s appeal is the limited debt and use of outside capital by VidaCann, the state’s…