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Mergers and Acquisitions in the Cannabis Market
High Tide to Enter German Medical Cannabis Market Through Acquisition of Purecan GmbH
The acquisition will give High Tide a majority stake in Purecan’s profitable operations.
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.
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.
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.
Agrify Corp., Nature’s Miracle Terminate Planned Merger Under Mutual Agreement
The termination marks a U-turn from a signed definitive agreement announced just four days earlier.
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