Tag: CBT > Business Issues/ Benchmarks > Mergers and Acquisitions

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.

June 23, 2025

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.

June 19, 2025

Industry Headlines

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.

June 17, 2025

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.

June 17, 2025

Mergers and Acquisitions

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.

June 9, 2025

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.

June 6, 2025

Industry Headlines

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.

May 22, 2025

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.

May 7, 2025

TerrAscend Signs Agreement to Acquire 4th Dispensary in New Jersey

Union Chill, a single dispensary operator in Hunterdon County, is generating more than $11 million in annualized revenue.

May 6, 2025

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.

March 4, 2025

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.

March 3, 2025

High Tide Pause Acquisition of Purecan GmbH, Explores Alternative to Enter German Cannabis Market

The Canadian company reassessed the optimal structure of its intended transaction and is now exploring alternative arrangements with Purecan.

February 25, 2025

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