Tag: CBT > Business Issues/ Benchmarks > Mergers and Acquisitions: Page 7

Mergers and Acquisitions

Atlas Announces Closing of Acquisition of GreenSeal, Increasing Export Capacity and Strengthening Its Integrated Value Chain

The acquisition broadens Atlas Global’s capabilities with an innovative nursery and genetic selection program, enabling a differentiated pipeline of unique cultivars.

May 1, 2023

Mergers and Acquisitions

Tilray to Acquire HEXO in $56-Million Deal

The transaction is expected to close in June.

April 11, 2023

Cannabis Price Compression

Verano CEO Says 2023 Will Be ‘Inflection Point’ for Cannabis Industry

As smaller operators struggle to weather the industry downturn, George Archos forecasts favorable M&A deals in attractive markets.

March 31, 2023

Mergers and Acquisitions

Curaleaf $20M Acquisition to Quadruple Retail Footprint in Utah

The company announced a definitive agreement with Deseret Wellness, which operates three of the state’s 15 medical cannabis dispensaries.

March 29, 2023

Arizona

AYR Wellness Closes Sale of Arizona Assets

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

March 28, 2023

Florida

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.

March 9, 2023

Mergers and Acquisitions

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.

February 27, 2023

Arizona

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.

February 10, 2023

Seed to Sale Tracking

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.

January 30, 2023

Investors in the Cannabis Market

The Highest Return

To build a viable business and attract the best investments, start by asking the right questions.

December 23, 2022

Colorado

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.

December 19, 2022

New York

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.

December 15, 2022