Mergers and Acquisitions: Page 31

BevCanna Signs Letter of Intent for 130-Acre Outdoor Cannabis Cultivation

The joint venture with Clearwater CannGrow will allow the company to grow certified organic sun-grown cannabis.

The Green Organic Dutchman Welcomes New Investors, Provides Update on Aurora Ownership

The recent transaction between Aurora Cannabis and a syndicate of Canadian banks improves revenue and margin potential by recovering offtake of TGOD's organic cannabis.

Diego Pellicer Worldwide, Inc. Executes Letter of Intent to Purchase Denver Cannabis Retail Operation

The 3,300-square-foot retail location is projected to have gross sales exceeding $8.5 million in 2019 and $9.5 million in gross sales in 2020.

DEA Announces Cannabis Research Expansion Plans, Washington Eyes Bill Allowing Growers to Deliver: Week in Review

The DEA has pledged to take steps to approve additional federal cultivation licenses from a pool of applications that have been pending for nearly three years.

Green Growth Brands Continues Expansion with Acquisition of Second The+Source Location

The acquisition of The+Source Henderson brings Green Growth Brands’ Nevada assets to a total of two The+Source locations, one production facility, two cultivation facilities and seven dispensary licenses.

Green Thumb Industries Acquires One of New York’s 10 Vertically Integrated Cannabis Licenses

Chicago-based GTI’s $60-million deal follows blockbuster transactions closed by MedMen, Pharmacann and Cresco Labs in New York.

TerrAscend Enters Into Agreements to Acquire State Flower

TerrAscend has also extended a line of credit of up to $3.75 million to State Flower for cultivation facility improvements to expand production capacity.

Green Hygienics Holdings Inc. Completes Acquisition of 824-Acre Potrero Ranch Hemp Cultivation Property

The company will utilize the land and buildings for industrial hemp for CBD cultivation.

Green Thumb Industries (GTI) Closes Transaction to Acquire Highly Coveted Vertically Integrated New York License

New York’s medical marijuana market has more than 105,000 registered patients as of August 20, almost doubling since January 2018.

48North Enters U.S. Market with Acquisition of Quill

Quill, a multi-state vape product manufacturer, specializes in the development of easy-to-use, controlled-dosage and health-focused disposable vape pens.

DNA Genetics Acquires Crockett Family Farms

After years of friendship and professional partnerships, the two companies formalized their plans in the California market—and beyond.

RE Botanicals, Palmetto Harmony Merge as Vertically Integrated Hemp/CBD Company

The merger brings together like-minded entrepreneurs in a rapidly consolidating marketplace.

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