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Mergers and Acquisitions
Jones Soda Co. Divests Cannabis Beverage Business for $3 Million
The Seattle-based craft beverage company sold its cannabis segment to MJ Reg Disrupters, including its Mary Jones brand assets.
Aurora Cannabis Denies 2nd ‘False’ News Report of Acquisition of MedLeaf Therapeutics
The Canadian cannabis company advised stakeholders of news reports on Investing.com that was generated ‘with the support’ of artificial intelligence.
High Times Magazine Acquired for $3.5M by RAW Rolling Papers Owner
Entrepreneur Josh Kesselman plans to revive the brand’s print edition, website and iconic Cannabis Cup following the all-cash transaction.
Vireo Growth Provides Corporate Update After Closing All Merger Transactions
The cannabis company now operates in six states and believes its improved profitability profile could help secure favorable debt refinancing terms.
Vireo Growth Acquires Deep Roots Harvest for $133 Million in Nevada
The transaction includes 10 dispensaries and a 54,000-square-foot cultivation and manufacturing facility.
Vireo Growth Closes $102 Million Acquisition of Proper Brands in Missouri
Proper is one of the largest operators in Missouri with 11 dispensaries and a 100,000-square-foot-plus cultivation and manufacturing facility.
Budr Cannabis Acquires 3 The Botanist Dispensaries in Connecticut
The multistate cannabis operator now owns seven retail facilities in Connecticut, including the three The Botanist stores from Acreage Holdings.
MediPharm to Close $4.5 Million Cash Sale of Cannabis Facility to Rubicon Organics in June
The transaction is for a 47,500-square-foot indoor cultivation facility in Hope, British Columbia.
TerrAscend Acquires Ohio Dispensary, Entering 6th State Market
The company’s acquisition is expected to be immediately accretive on an EBITDA and cash-flow basis.
ScottsMiracle-Gro Transfers Cannabis Subsidiary to Independent, Unnamed Partner
The lawn and garden company separated its cannabis holdings, Hawthorne Collective, to drive greater growth in its core business.
MariMed Acquires First State Compassion Center in Delaware
The acquisition integrates the Delaware cannabis operator’s cultivation and processing facilities and two dispensaries into MariMed’s operations.
Rubicon Organics to Buy MediPharm Labs Cultivation Facility for $4.5 Million
The 47,500-square-foot indoor Hope Facility in British Columbia is equipped with advanced cultivation technology.
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