Mergers and Acquisitions in the Cannabis Market: Page 18

Pipp Horticulture Acquires Vertical Air Solutions

This acquisition solidifies Pipp’s position as the preeminent Mobile Vertical Grow Rack provider for indoor vertical farming and horticulture industries.

Aphria and Tilray Combine to Create Largest Global Cannabis Company

A robust supply chain and operational efficiencies are expected to generate approximately C$100 million of pre-tax annual cost synergies.

Columbia Care Acquires California's Project Cannabis

The transaction comprises $52.5 million in Columbia Care stock and another $16.5 million that’s expected to come from the sale of Project Cannabis’s real estate assets.

Verano Holdings Enters Into an Agreement for a Go-Public Transaction in Conjunction with AltMed Merger

The transaction will be effected by Verano participating in a reverse takeover of Majesta Minerals Inc.

10 Notable M&A Deals That Happened (and Didn’t) in 2020

Lower valuations and the coronavirus pandemic made for an interesting year of mergers and acquisitions in cannabis. Here, we look back on this year’s most talked-about transactions.

U.S. House Passes MORE Act, UN Votes to Remove Cannabis From List of Most Dangerous Drugs: Week in Review

This week, the industry celebrated two major votes.

Aphria Closes Acquisition of SweetWater Brewing Company

The deal gives the Canadian licensed producer an opportunity to build brand awareness in the U.S. ahead of federal legalization.

Jushi Holdings Inc. Acquires Remaining Equity Ownership Interests of Dalitso LLC, the Company’s Virginia-Based Pharmaceutical Processor Permit Holder

The company now owns 100% of the issued and outstanding equity of Dalitso.

A Key Piece to the Puzzle: Verano Holdings CEO George Archos Discusses AltMed Merger

Archos shares insight into the strategy behind Verano’s acquisition of AltMed, as well as how the two companies will integrate their operations to achieve their broader goals.

Stem Holdings’ Latest Move Puts Delivery in the Driver’s Seat

A $31-million deal will rebrand the company as Driven By Stem, a vertically integrated business with a new retail outlook.

TerrAscend Expands to Maryland Through Acquisition of HMS

CFO Ryan McWilliams says the opportunity is strategically and geographically advantageous for the company, which now has a presence in four U.S. states.

Verano Holdings Announces Agreement to Acquire and Combine Operations with AltMed in Florida and Arizona, Creating One of the Largest U.S. Private Cannabis Companies

The deal combines two profitable, fully integrated platforms operating in limited-license, high-growth markets.

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