JARS Cannabis to Acquire Sonoran Roots, Creating Arizona’s Largest Dispensary Network 

JARS Cannabis is set to acquire Sonoran Roots to create a network of 27 dispensaries, creating the largest cannabis dispensary network in Arizona. Sonoran Roots’ eight Ponderosa Dispensary locations – in Chandler, Flagstaff, Glendale, Mesa, Phoenix, Queen Creek, Tempe, and Tucson – will all rebrand under the JARS Cannabis name as part of the deal.   

In a statement, Ronnie Kassab, CEO of JARS Cannabis, said the acquisition is “not scale for scale’s sake.” 

“What makes this combination so exciting is that we are bringing together complementary strengths. JARS has built a powerful retail platform, while Sonoran Roots has built an exceptional brand, product portfolio and vertically integrated operation. Together, we have an opportunity to build something much greater than either company could build alone, and at a much more aggressive pace.” — Kassab in a press release 

Michael O’Brien, who currently serves as CEO of Sonoran Roots but will become the chief strategy officer of JARS, said in a statement that JARS “understand the value” of what the Sonoran “team has built, and sees the same opportunity…to take it even further.” 

“We are preserving our brands and relationships,” O’Brien said in the statement, “expanding on what we do best, and pairing it with a retail organization that has the scale and ambition to take us to the next level.”  

The transaction is expected to close by the end of the third quarter of this year and is subject to customary closing conditions and regulatory approvals.