Mergers and Acquisitions in the Cannabis Market: Page 6

Verano Expands Nevada Footprint With Sierra Well Acquisition

With the acquisition, Verano’s Nevada portfolio now totals five dispensaries and two cultivation and production facilities throughout the state.

Glass House Completes Acquisition of Natural Healing Center Dispensaries in Grover Beach and Lemoore

The company is also expected to complete the transactions of NHC dispensaries in Morro Bay and Turlock by the end of this year.

Delta 9 Announces Completion of Acquisition of Three Retail Cannabis Stores in Manitoba

Delta 9 has completed a previously announced transaction with 10552763 Canada Corp.

The Green Organic Dutchman Closes Sale of HemPoland Subsidiary

Sean Bovingdon, CEO OF The Green Organic Dutchman, said the company will now focus on growing its business in Canada.

Green Sentry Acquires MedMen’s Florida Assets, Announces Sunburn Cannabis

The Florida-based operator acquired MedMen’s vertically integrated license, which includes a cultivation and processing facility, as well as 14 dispensaries throughout Florida.

Aurora Cannabis Acquires Controlling Interest in Bevo Farms

Long term investment is expected to deliver Aurora immediate positive cash flow.

Cresco Labs Announces Second Quarter 2022 Results

Company reports 4% year-over-year revenue growth and 11% year-over-year adjusted EBITDA growth; continues industry leadership with branded product performance and retail productivity.

Ascend Wellness Calls Off MedMen NY Acquisition After 17 Months

Despite settling an M&A lawsuit in May, Ascend CEO cancels $88-million deal, calling New York a “highly uncertain” regulatory environment.

Delta 9 Announces Agreement to Acquire Three Retail Cannabis Stores in Manitoba

Delta 9 has entered into an asset purchase agreement with 10552763 Canada Corp. to acquire all or substantially all of the vendor’s assets relating to the operation of three Garden Variety branded retail cannabis stores located in Manitoba, two in Winnipeg and one in Brandon.

Tilray Wellness Announces U.S. Distribution Agreement with Southern Glazer’s Wine & Spirits for CBD Beverages

The distribution agreement will provide Tilray with direct access to Southern Glazer’s distribution network, reaching consumers everywhere, from local bars and restaurants to independent and national grocery chains and convenience stores.

Glass House Brands Acquires The Pottery Dispensary

After previously owning 50% of The Pottery, Glass House acquired the remaining equity ownership to expand its retail footprint in California.

Cannabis Conference Announces Day 2 Keynote Presenter: Mitch Baruchowitz of Merida Capital Holdings

Cannabis Conference 2022, produced by the award-winning Cannabis Business Times (CBT) media brand, will take place August 23-25 at Paris Las Vegas.

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