Verano Holdings Corp. (CNSX : VRNO) entered into an agreement to acquire WSCC, Inc. for $27.7 million on July 26, 2021. As a part of consideration, Verano will pay $5.6 million in cash and remaining by issue of 1.536685 million of Class A voting shares. Upon consummation of the transaction, Sierra Well will become a wholly-owned subsidiary of the Company. Consideration is implying a 5x 2021 adjusted EBITDA multiple inclusive of real estate. Closing on the transaction is subject to customary conditions, contingencies, and approvals, including regulatory approval.