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Stem Increases Footprint On West Coast With Acquisition Of Artifact Extracts And Two Cannabis Dispensaries

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Stem Holdings, Inc., the first multi-state, vertically integrated Farm-to-Home™ (F2H) cultivation and technology omnichannel cannabis company, announced today that it has acquired Artifact Extracts, a premier cannabis extraction company based in Oregon known for its award-winning concentrates, as well as two dispensaries. (As Originally Seen On Benzinga)

The transaction closed on September 17th. Stem issued 8,209,178 shares of common stock at a deemed aggregate value of US$ 2,925,000.

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