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That acquisition is the first of several strategic transactions that we have targeted with a view towards consolidating a meaningful asset base and presence in the indoor grow facility markets, both in Denver and elsewhere.
Riss continued: “We believe that there are compelling opportunities for the creation of meaningful shareholder value by integrating innovative new technologies with existing bricks and mortar infrastructure in the hydroponic and other grow facility markets. Our goal is to consolidate and build market share using that approach. We are evaluating a number of transactions in that regard and will provide additional information as appropriate.”
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