June 5, 2023, Chicago, IL – In a bold move to cement its position as a leader in Illinois’ cannabis industry, nuEra Cannabis, a family-run pioneer in the state’s cannabis market, has proudly announced its upcoming acquisition of Ieso‘s state-of-the-art cultivation facility in Murphysboro, Illinois. This strategic move highlights nuEra’s dedication to innovating and shaping the future of cannabis in Illinois.
Robert Fitzsimmons, the CEO of nuEra Cannabis, shares his enthusiasm:
“Joining forces with Ieso marks a thrilling new chapter for nuEra. We’re eager to leverage our expertise to enhance the facility’s operations, from refining cultivation practices to introducing exciting new strains. Our unwavering commitment is to deliver top-tier cannabis products to our Illinois customers.”
Ieso’s facility, one of only 20 full-scale cultivation licenses in Illinois, boasts an impressive 36,000 square feet of canopy space, expandable to 210,000 square feet. This acquisition is timely, coinciding with the relaunch of nuEra’s premium product line. Anticipate novel strains such as Cobra Milk and Fire Berries, alongside enhanced favorites like Don Shula and Jungle Cake. The facility is also equipped with a state-of-the-art extraction lab and an infusion operation, broadening nuEra’s product range to include vaporizers, concentrates, and edibles.
nuEra’s influential role in shaping Illinois’ cannabis landscape is undeniable. With this acquisition, the company is set to fortify its leadership and further nurture the state’s burgeoning cannabis market. Currently operating six retail locations across Illinois, nuEra is also expanding its retail presence, with new stores slated to open in 2023. Its diverse brand portfolio, including nuEra, Interstate 420, and MidWeek Friday, continues to grow.
The acquisition, pending regulatory approval, is expected to be finalized in the coming months. While financial details remain confidential, this development signifies a major leap forward for nuEra in its mission to redefine cannabis excellence in Illinois.