Tag: CBT > Business Issues/ Benchmarks > Mergers and Acquisitions: Page 41

Finance

DionyMed Acquires California Cannabis Company Through REIT Transaction

With Innovative Industrial Properties helping to finance the deal, MMAC sells Los Angeles cannabis campus to DionyMed.

August 1, 2019

Florida

Green Growth Brands Announces Acquisition Closing of Florida-Based Spring Oaks

The closing of this acquisition allows Green Growth Brands to operate up to 47 dispensaries across Nevada, Massachusetts and Florida.

August 1, 2019

Distribution

Innovative Industrial Properties Acquires Massachusetts Property and Enters Into New Tenant Relationship With Trulieve Cannabis Corp.

"We are thrilled to add a tenant with the strength of credit and of the caliber of Trulieve to our tenant roster," said Paul Smithers, President and Chief Executive Officer of IIP.

July 30, 2019

Distribution

Leviathan Cannabis Closes Tennessee Acquisition for CBD Manufacturing Operation

The acquisition facilitates the establishment of a new business unit in Smith County, Tennessee to manufacture CBD isolate and other CBD products from hemp.

July 30, 2019

Mergers and Acquisitions

KBL Merger Corp. IV SPAC Signs Definitive Business Combination Agreement to Acquire CannBioRx Life Sciences Corp.

CannBioRx Life Sciences Corp. programs focus on developing anti-inflammatory drugs, including scientifically developed, non-psychoactive cannabinoids that target key pathways in inflammatory diseases.

July 29, 2019

Mergers and Acquisitions

HeavenlyRx Accelerates Its CPG Wellness Strategy, Closing on 51-Percent Controlling Equity Stake in Plant-Based Nutrition Company TRU Brands

TRU Brands is a quickly growing wellness company that is building out a suite of all-natural food products.

July 25, 2019

Mergers and Acquisitions

Neptune Closes SugarLeaf Acquisition, Expanding U.S. Extraction Capabilities

The company is establishing large-scale, U.S.-based hemp extraction capacity and creating a North American platform to provide customers with value-added products.

July 25, 2019

Finance

Ionic Brands Completes Acquisition of Zoots Premium Cannabis-Infused Edibles and Infused Products

Ionic Brands will extend Zoots Edibles beyond Washington and Colorado to Oregon, California and Nevada.

July 25, 2019

Oregon

Orchid Ventures Acquires GreenBloom Cannabis

Orchid will purchase retail, cultivation and distribution operations, as well as GreenBloom’s brands in Oregon and California.

July 19, 2019

Mergers and Acquisitions

Curaleaf to Acquire Grassroots in $875-Million Cash and Stock Deal

"With the acquisition of Grassroots and the pending acquisition of Select, Curaleaf is the world's largest cannabis company by both revenue and operating presence," said CEO Joseph Lusardi.

July 17, 2019

Interviews & Opinion

The Right Way to Acquire a Cannabis Dispensary or Brand

"With dispensaries, we look for a financial picture that illustrates market stability, depth of penetration, and market share of the neighborhoods," the Cannabis One CEO says.

July 17, 2019

Finance

ONE Cannabis Builds Midwest Franchise Presence

ONE Cannabis has entered into management consulting agreements with Missouri residents for development of the franchise in the St. Louis, Mo., area.

July 17, 2019