Backed By Poseidon, Cannabis Retailer Budr Adds 3 More Stores To Its Connecticut Portfolio
Budr Cannabis is making a major move in Connecticut.
The Hartford-based operator, which already runs four dispensaries across the state and one in Yonkers, New York, has acquired three former Botanist-branded cannabis dispensaries in Danbury, Montville and Vernon. All three locations are now operating under the Budr name.
The deal, backed by Poseidon Investment Management, marks Budr’s significant expansion in the competitive Northeast market. The company now operates seven dispensaries in Connecticut.
Poseidon-Backed Growth
The acquisition is the latest sign …