The five Verilife stores are owned by Chicago-based PharmaCann, which last month terminated a $682 million acquisition deal with California-based cannabis giant MedMen Enterprises. While MedMen is no longer purchasing PharmaCann, it is getting a portion of the company’s Illinois business. In exchange for forgiveness of certain debt, MedMen will acquire the Evanston Verilife store, as well as one of PharmaCann’s two growing facilities and a license to open another retail location.