nuEra Cannabis Announces Agreement to Purchase Ieso Cultivation Facility in Illinois

Chicago, IL - PRESS RELEASE - nuEra Cannabis, a family-owned and -operated cannabis company and one of the original licensed operators in Illinois, has announced its agreement to acquire ieso, a licensed medical and adult-use cultivation facility located in Murphysboro, Ill. With the acquisition of this cornerstone facility, nuEra continues its commitment to pioneering the Illinois cannabis market.

"We are excited to welcome Ieso to the nuEra family and look forward to expanding our business and improving Ieso's cultivation infrastructure and operations. Our team has already collaborated with Ieso staff to enhance their processes, introduce new strains and cultivation techniques and make improvements to packaging and branding. Our focus remains on developing the Illinois market and providing the best products to our customers." said Robert Fitzsimmons, CEO of nuEra Cannabis.

One of only 20 full-scale cultivation licenses in Illinois, Ieso’s cultivation facility spans over 36,000 square feet of canopy, reaching a maximum of 210,000 square feet of flowering canopy. This acquisition coincides with the relaunch of the nuEra premium product line featuring new flower strains like Cobra Milk, Fire Berries, and The Glove, as well as improved versions of popular strains such as Don Shula and Jungle Cake. The facility also boasts a fully operational extraction lab and an infusion operation producing a full range of products including vaporizers, concentrates, edibles, and more.