Mergers and Acquisitions: Page 13

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.

Trulieve President Steps Down, Set to Retire

Steve White, who co-founded Harvest Health, will serve as an adviser for the multistate cannabis operator until the end of the year.

Lucy Scientific Acquires High Times Intellectual Property, Including Existing Licensing Agreements in All-Stock Transaction

The transaction includes international and domestic rights of the brand High Times, Cannabis Cup and 420.com brands, and its respective domain names.

Planet 13 Enters $48.9M Agreement to Acquire VidaCann, Accelerating Florida Expansion Strategy

The acquisition includes 26 dispensaries in Florida, or roughly 4.5% of the state’s medical cannabis retail market.

Big Plan Holdings Partners With Evelyn Capital to Acquire Ascend Wellness Retail Operation in Pennsylvania

The acquisition agreement for a 1.25-acre location in Monaca comes to the tune of $3.25 million.

Greenlight Continues Nationwide Expansion, Issues Third Quarterly Dividend to Shareholders

The Missouri-based MSO will enter Nevada through acquiring a retail facility in Las Vegas and plans to launch a cultivation facility in West Virginia.

No Deal: Cresco Labs, Columbia Care Call Off $2-Billion Merger

The multistate cannabis operators terminated an acquisition agreement dating back to March 2022; the Sean “Diddy” Combs deal is off, too.

Where the Cresco-Columbia Care Merger Stands on Deadline Day

The multistate cannabis operators continue to work “amicably” on their definitive agreement.

TerrAscend to Acquire Maryland Medical Dispensary for $6.75 Million

The company’s agreement with Blue Ridge Wellness comes just ahead of the state’s July 1 launch of adult-use cannabis sales.

Columbia Care Board Director From Green Leaf Merger Resigns

Philip Goldberg’s exit comes weeks before Green Leaf’s full integration into Columbia Care; the company does not plan to fill his vacancy.

TerrAscend to Acquire Maryland Dispensary for $22 Million

The multistate cannabis operator entered a definitive agreement that will expand its retail footprint in a region of the state with no direct competitors

Red White & Bloom and Aleafia Health Execute Binding Letter Agreement for Business Combination

On a combined basis, RWB and Aleafia are expected to service approximately 3,000 retail locations in North America.

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