Mergers and Acquisitions in the Cannabis Market: Page 14

Glass House Brands Completes 5.5-Million-Square-Foot Southern California Greenhouse Facility Acquisition

The amended purchase agreement reduces price by $25 million.

Eastward Expansion

Grown Rogue channels 15 years of industry experience in Oregon as it grows its Michigan footprint and establishes itself as a multistate operator.

Cresco Labs Closes Acquisition of Cultivate, Strengthens Position in Massachusetts

The acquisition includes approximately 42,000 square feet of active flowering canopy, bringing combined canopy in-state to approximately 64,000 square feet.

HEXO and 48North Announce Closing of Arrangement

HEXO has acquired all of the issued and outstanding common shares of 48North by way of a court-approved plan of arrangement under the Canada Business Corporations Act.

Planet 13 Enters Into Definitive Agreement to Acquire Florida Cannabis License

The company will purchase a Medical Marijuana Treatment Center license from a subsidiary of Harvest Health & Recreation.

Jushi Holdings Inc. Completes Previously Announced Acquisition of Licensed Processor in Ohio, Announces Debut of the First in a Series of Cannabis Brands in Ohio

The move solidifies Jushi's presence in the Ohio market with high-quality cultivation and processing assets.

Tilray Acquires Majority Position in Amended MedMen Convertible Notes

The investment provides Tilray a potential accelerated path into the U.S. cannabis market upon federal legalization.

Leafly to Go Public Through Business Combination with Merida Merger Corp. I

The transaction enables Leafly to execute its growth strategy and expand its content-first, community-driven cannabis discovery marketplace.

Hawthorne Takes Steps to Acquire HydroLogic

The industry-leading brand will expand the company’s portfolio and put Hawthorne in an even stronger position to provide total solutions to growers, retailers and partners.

High Tide Closes Acquisition of Daily High Club

The acquisition cements High Tide’s position as a leader within U.S. e-commerce marketplace for consumption accessories

Ayr’s Expanding Footprint

Jennifer Drake, COO at Ayr Wellness, details the company’s strategy behind its recent acquisitions of Liberty Health Services in Florida and Garden State Dispensary in New Jersey, along with what the future may hold for Ayr and the cannabis industry.

Terra Tech Corp. Announces Successful Closing of Merger with Unrivaled and Rebranding as Unrivaled Brands, Inc.

The company is expected to generate combined revenue in excess of $70 million in 2021.

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