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Mergers and Acquisitions
Planet 13 Enters Agreement to Acquire Las Vegas Dispensary
The company will pay $6.9 million to acquire all the assets to operate a 3,1569-square-foot retail facility from Exhale.
SNDL Selected as the Successful Bidder to Acquire Indiva
The transaction is expected to enhance SNDL's product offerings and further solidify the company’s position in the Canadian cannabis market.
The Cannabist Co. Enters $16.4 Million Definitive Agreements for Florida Assets
The company is selling 14 dispensaries and two cultivation facilities to joint venture partners MINT Cannabis and Shango. A third cultivation facility is part of a separate agreement.
Verano Closes Acquisition of Arizona, Virginia Subsidiaries of The Cannabist Co.
The acquisitions expand Verano’s footprint to 14 states, 15 cultivation and products facilities, and 150 dispensaries nationwide.
Tilray to Acquire 4 Craft Beer Breweries From Molson Coors
The global cannabis company’s beverage-market aspirations just got higher, as it entered into a definitive agreement to buy four more beer companies. This follows several years of beverage-company acquisitions and marks a ‘strategic milestone’ in the company’s growth plan.
MariMed Reports Second Quarter 2024 Earnings
The Massachusetts-based multistate operator announces financial and company highlights for Q2, including closing the acquisition of an adult-use dispensary in Upper Marlboro, Md., and of Thrive Dispensary in Casey, Ill., and receiving a provisional dual-license for its Tiffin, Ohio, dispensary.
Verano to Acquire Virginia License, Assets From The Cannabist Co. for $90M
The vertically integrated license includes a cultivation and production facility and six dispensaries. The agreement also includes Arizona assets.
MariMed Closes Acquisition of 2nd Maryland Dispensary
The company’s Thrive Wellness retail location in Upper Marlboro is in additional to its Annapolis store.
Verano Rejects Goodness Growth’s $861M Damages Claim From Terminated Merger Agreement
Goodness Growth filed a court request based on its belief that Verano had no legal basis to terminate the agreement; Verano responded in the ongoing litigation.
UPDATE: Green Thumb CEO Releases Letter to Boston Beer Founder, Expressing Interest in Merger
Ben Kovler posted the letter on X a day after Green Thumb Industries stated it doesn't comment on ‘market rumors,’ following a Wall Street Journal article about the letter.
Acreage Announces Corporate Transactions Associated With Canopy USA Deal
The acquisition of Acreage by Canopy USA is expected to close in the first half of 2025.
Trulieve Triples Ohio Footprint Through Harvest of OH Settlement
The Florida-based cannabis operator will now have three medical cannabis dispensaries after reaching an agreement to resolve litigation.
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