Mergers and Acquisitions in the Cannabis Market: Page 2

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.

Nature's Miracle, Agrify Sign Definitive Merger Agreement

The transaction is expected to close in the second half of 2024.

SunStream USA Poised to Acquire Cannabis Assets

SNDL, through its joint venture in SunStream Bancorp Inc., today announced the SunStream USA group of companies (collectively, "SunStream USA Group") intends to proceed with the acquisition of equity positions in U.S. cannabis assets, resulting in majority equity positions in select assets of Surterra Holdings, Inc. (d/b/a Parallel) and Greenpeak Industries Inc. (d/b/a Skymint).

Planet 13 Receives Approval to Sell Florida License, Acquire VidaCann for $49 Million

The company’s sale of its Florida license is a closing condition of the acquisition agreement with VidaCann, which also owns a Florida license.

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