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STL cannabis company expanding by acquisition

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Proper Brands, one of the St. Louis region’s largest marijuana companies, is expanding through an acquisition.

The company announced it would acquire Nirvana Investments, a Fenton-based cannabis holding company that operates four dispensaries under the N’Bliss name.

Proper Brands CEO John Pennington said the deal is the single-largest acquisition in Missouri's cannabis market.

Read more from the St. Louis Business Journal.

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