Mergers and Acquisitions: Page 20

TerrAscend to Close Acquisition of Gage Cannabis

The deal expands the company’s footprint to include seven cultivation facilities and 25 retail locations with operations in five states and Canada.

MariMed Adds Second Retail Location in Massachusetts

The company signed a definitive agreement to acquire an adult-use dispensary license from Green House Naturals.

MedMen Announces Plans to Sell Florida Assets

Florida-based Green Sentry Holdings will purchase MedMen’s operations for $83 million.

MedMen to Withdraw Allegations Against Ascend Wellness in M&A Lawsuit

Counterclaims in the lawsuit asserted that Ascend Wellness executives exerted political pressure on Gov. Kathy Hochul’s administration to foster deal.

Schwazze Closes Acquisition of Denver Grower Brow 2

The deal includes a 37,000-square-foot facility, increasing the company’s cultivation capacity in Colorado.

Trulieve Acquires 64,000-Square-Foot Cultivation Facility in Phoenix

The $13.75-million deal will provide Trulieve with its fifth cultivation facility in Arizona.

Ascend Wellness Files Amended Complaint Against MedMen

The New York cannabis lawsuit stems from a terminated acquisition agreement between the two companies; Ascend asks court to dismiss countersuit.

Diego Pellicer Expands Into Hemp and CBD Market With Recent Acquisition

The company has acquired Hemp Choice Distribution to expand its business opportunities beyond the cannabis industry.

Ayr Wellness Closes Acquisition of Levia Cannabis Infused Seltzer

Levia uses a proprietary technology which provides for rapid onset of the effects of THC.

Innovative Industrial Properties Acquires New Jersey Property

The $35.4-million purchase expands the cannabis-focused real estate company’s partnership with Ascend Wellness Holdings.

Schwazze Closes Acquisition of Emerald Fields

Schwazze continues its Colorado expansion strategy with Emerald Fields Cannaboutique Dispensaries in Manitou Springs and Glendale, Colo.

Will the Biden Administration’s Increased Antitrust Scrutiny Impact Cannabis M&A?

Matt Karnes, founder of cannabis-focused advisory firm GreenWave Advisors, says the risk is low under Attorney General Merrick Garland.

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