St. Petersburg dispensary to reopen following acquisition

A St. Petersburg medical cannabis dispensary formerly owned and operated by MedMen reopened on Friday under new management.

Fort Lauderdale-based Green Sentry Holdings, according to a news release, has acquired the entirety of MedMen’s Florida assets for $63 million and launched the Sunburn Cannabis brand. The all-cash deal also includes 13 other MedMen retail locations in Fort Lauderdale, Miami, Orlando, Pensacola, West Palm Beach and Tallahassee, as well as a 30,000-square-foot cannabis cultivation and processing facility in Eustis.