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Mergers and Acquisitions in the Cannabis Market: Page 2
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.
Curaleaf Acquires Northern Green Canada in Strategic International Expansion
The deal bolsters the company's advantage in several key emerging markets, including Australia, New Zealand, Germany, Poland and the United Kingdom.
MariMed Closes Acquisition of 2nd Maryland Dispensary
The company’s Thrive Wellness retail location in Prince George’s County is a result of acquiring the operating assets of Our Community Wellness.
Curaleaf Acquisition Marks 1st Step Into Australasian Markets
The company’s deal with Northern Green Canada will also bolster its European flower supply in Germany, Poland and the United Kingdom.
High Tide to Acquire Premium Canadian Cannabis Brand, Queen of Bud for CA$1M
Ascend Wellness Executes Agreement to Acquire 2nd Cultivation License in Massachusetts
The deal includes a 54,000-square-foot facility in Amesbury and is now pending regulatory approval.
Blüm Holdings to Acquire 3 Dispensaries in Northern California, Including Cookies Location
The company executed a binding letter of intent to add $14 million of retail revenue assets to its portfolio.
Aurora Cannabis Acquires MedReleaf Australia
MedReleaf Australia holds the No. 2 position in medical cannabis within the rapidly growing ~AUD$400 million Australian market.
nuEra Cannabis Becomes a Vertically Integrated Illinois Powerhouse With Ieso Acquisition
The award-winning, family-owned and -operated retailer closed a winning deal in the nation’s third-largest cannabis market.
Curaleaf Exits Vermont Market in Sell-Off to Social Equity Operator
The multistate operator sold its two dispensaries and a greenhouse cultivation and manufacturing facility to Zenbarn Farms.
22nd Century Group Enters Into Agreement to Sell Hemp/Cannabis Franchise
The biotechnology company has reached an agreement to sell substantially all of its GVB Biopharma hemp/cannabis operations to Specialty Acquisition Corporation, a Nevada corporation.
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