Tag: CBT > Business Issues/ Benchmarks > Mergers and Acquisitions: Page 3

Finance

SNDL Completes Privatization of Nova, Welcomes New Director

The Canadian cannabis company’s acquisition of Nova’s remaining minority interest will generate material savings by eliminating public company expenses.

October 21, 2024

Industry Headlines

Dark Horse Cannabis Acquiring Greenlight Dispensary in Arkansas

The retail location in Helena is where eight former Greenlight workers were recently arrested following a product diversion investigation.

October 9, 2024

Industry Headlines

Canopy USA Completes Acquisition of Wana, Canopy Growth Confirms

Canopy USA is fulfilling its ambition of establishing a leading brand-focused cannabis company concentrated on state-legal markets and hemp-derived products across the U.S.

October 9, 2024

Nevada

Planet 13 Enters Agreement to Acquire Las Vegas Dispensary

The company will pay $6.9 million to acquire all the assets to operate a 3,1569-square-foot retail facility from Exhale.

September 11, 2024

Mergers and Acquisitions

SNDL Selected as the Successful Bidder to Acquire Indiva

The transaction is expected to enhance SNDL's product offerings and further solidify the company’s position in the Canadian cannabis market.

August 29, 2024

Florida

The Cannabist Co. Enters $16.4 Million Definitive Agreements for Florida Assets

The company is selling 14 dispensaries and two cultivation facilities to joint venture partners MINT Cannabis and Shango. A third cultivation facility is part of a separate agreement.

August 23, 2024

Arizona

Verano Closes Acquisition of Arizona, Virginia Subsidiaries of The Cannabist Co.

The acquisitions expand Verano’s footprint to 14 states, 15 cultivation and products facilities, and 150 dispensaries nationwide.

August 22, 2024

Mergers and Acquisitions

Tilray to Acquire 4 Craft Beer Breweries From Molson Coors

The global cannabis company’s beverage-market aspirations just got higher, as it entered into a definitive agreement to buy four more beer companies. This follows several years of beverage-company acquisitions and marks a ‘strategic milestone’ in the company’s growth plan.

August 16, 2024

Mergers and Acquisitions

MariMed Reports Second Quarter 2024 Earnings

The Massachusetts-based multistate operator announces financial and company highlights for Q2, including closing the acquisition of an adult-use dispensary in Upper Marlboro, Md., and of Thrive Dispensary in Casey, Ill., and receiving a provisional dual-license for its Tiffin, Ohio, dispensary.

August 8, 2024

Arizona

Verano to Acquire Virginia License, Assets From The Cannabist Co. for $90M

The vertically integrated license includes a cultivation and production facility and six dispensaries. The agreement also includes Arizona assets.

July 29, 2024

Maryland

MariMed Closes Acquisition of 2nd Maryland Dispensary

The company’s Thrive Wellness retail location in Upper Marlboro is in additional to its Annapolis store.

July 2, 2024

Mergers and Acquisitions

Verano Rejects Goodness Growth’s $861M Damages Claim From Terminated Merger Agreement

Goodness Growth filed a court request based on its belief that Verano had no legal basis to terminate the agreement; Verano responded in the ongoing litigation.

June 20, 2024