The owners of Wholelife Pharmacy & Healthfoods and One Health Medical Clinics, Frank and Vince Pappalardo, have acquired a 51% stake in Rays Wellness to help drive national expansion of the medicinal cannabis dispensary.
The deal gives the Queensland-based duo a controlling interest in the business, with co-founders Jen and Nick Ravenswood and Kirk Richards holding 23.83% and 15.17% respectively. They will continue to lead day-to-day operations.
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