Mergers and Acquisitions: Page 7

AYR Wellness Closes Sale of Arizona Assets

The deal reduces AYR’s long-term debt by $22.5 million.

Trulieve CEO Sets Goal of $100 Million in Operating Cash Flow This Year

Stomping onward with the nation’s largest cannabis retail footprint, Trulieve reported $1.2 billion in revenue for 2022.

Cresco Labs, Columbia Care Delay Closing of $2-Billion Merger

The multistate operators mutually agreed to extend their proposed closing date to the second quarter of 2023.

Ayr Wellness to Sell Arizona Assets, Announces Option to Acquire Ohio Dispensary Licenses

The publicly traded multistate operator signed a definitive agreement to sell three retail facilities in greater Phoenix and two cultivation facilities.

Akerna to Sell Off Cannabis Software Business to POSaBIT for $4 Million in Cash

The seed-to-sale software provider is moving into the bitcoin space.

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Schwazze Brings Total Retail Dispensary Count to 40; Announces Completion of Lightshade Labs LLC Transaction in Colorado and an Additional R. Greenleaf Store Opening in New Mexico

The vertically integrated, multi-state operating cannabis company with assets in Colorado and New Mexico has reached a company milestone of 40 dispensaries across both states.

RIV Capital Completes Final Closing of Previously Announced Etain Transaction

The transformative transaction establishes a foundation for the company’s platform as Etain is one of only 10 vertically integrated operators in New York.

Cresco Labs and Columbia Care on Sean 'Diddy' Combs Deal: 'We Didn't Want To Go To Another Cannabis Operator'

Columbia Care CEO Nick Vita explains why he and Cresco Labs CEO and co-founder Charlie Bachtell 'weren't reliant on industry players' for the recently announced sale of some of their cannabis dispensaries and production facilities in New York, Illinois and Massachusetts, and more about what played into the decision to sell now.

JARS Cannabis to Acquire Euflora, Expanding Retail Footprint in Colorado

The transaction will increase JARS' retail operations to include a total of 26 storefronts across three states.

Tilray Brands Acquires Montauk Brewing Company

Tilray expands and strengthens its U.S. footprint with acquisition of the fastest growing craft beer brand and top craft brewer in Metro New York.

Cresco Labs, Columbia Care Announce Divestiture in 3 Markets to Sean “Diddy” Combs

Cresco and Columbia Care’s agreement to sell New York, Illinois and Massachusetts assets marks major steps toward closing their own M&A deal.

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