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Mergers and Acquisitions in the Cannabis Market: Page 5
The Green Organic Dutchman Will Merge With BZAM Cannabis
The resulting business is expected to be the sixth largest cannabis cultivation company in Canada.
Verano Repudiates $413M Deal to Acquire Goodness Growth Holdings
Goodness officials believe that Verano has “no legal” grounds for backing out of the transaction agreement and are committing “material breaches.”
Verano Bets $5 Million to Enter Virginia Medical Market
The multistate cannabis operator entered into an agreement to acquire MedMen’s PhamaCann Virginia LLC, which has a license tied up in litigation.
Curaleaf Closes $181M Transaction to Acquire Tryke Companies
The deal backbones Curaleaf’s presence in three key markets in the West.
StateHouse Holdings Announces New Distribution Partnership With Nabis
Outsourcing distribution enables StateHouse to focus more on optimizing its retail and wholesale operations in California to expand margins and market share further.
OEG Retail Cannabis to Acquire Dispensaries, Tokyo Smoke Brand From Canopy Growth
The company will acquire 23 of Canopy’s Tweed and Tokyo Smoke stores in Manitoba, Saskatchewan, and Newfoundland and Labrador.
The Parent Company Completes the Acquisition of Calma
The company has acquired the remaining 15% equity of its Calma Weho LLC dispensary.
Year-to-Date, Cannabis REITs Provide Key Source of Financing for Businesses
In 2022, falling equity prices have had a chilling effect on capital raises, particularly on large equity issues, which have been confined to non-plant-touching sectors.
Curaleaf Completes Majority Stake Acquisition of Germany’s Four 20 Pharma
The deal solidifies Curaleaf’s strategic advantage in Germany as the country prepares for adult use.
Agrios Global Sues Former Directors Over $30M Cannabis Facility
The lawsuit in Mason County, Wash., alleges the former board chairman and CEO breached fiduciary duties by unlawfully taking the property and business.
Akanda Partners with Cookies to Bring the Cannabis Brand and High THC Strains to European Consumers
The exclusive licensing agreement enables Akanda to cultivate, manufacture and sell Cookies branded products in Portugal, including operating Cookies branded pharmacy outlets.
Flora Growth Acquires No Cap Hemp Co
The acquisition provides the opportunity to expand Flora’s distribution foothold in the U.S. market with a unique collection of products with strong revenue growth potential.
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