Tag: CBT > Business Issues/ Benchmarks > Mergers and Acquisitions: Page 8

Interviews & Opinion
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.
November 9, 2022
Cresco Labs and Columbia Care will be divesting four retail locations and one production facility in New York, the state they said commanded the highest value in the $185 million sale to Sean Combs of Combs Enterprises, announced Nov. 4.
Colorado
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.
November 8, 2022
Distribution
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.
November 7, 2022
Montauk Creatives 11
Illinois
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.
November 4, 2022
The proposed acquisition by Sean “Diddy” Combs will create the largest Black owned business in cannabis.
Finance
Canopy Growth Faces Possible Delisting From Nasdaq Upon US Entrance
Company officials stated there is no assurance that Nasdaq will harmonize its general policies with SEC’s accounting guidance.
November 1, 2022
Nasdaq Adobe Stock335450995
International
Canopy Growth to Acquire Acreage, Wana, Jetty in US Entrance
The Canadian-based operator is accelerating its strategic growth south of the border through creating a new holding company: Canopy USA.
October 25, 2022
Us Canada Adobe Stock189798063
Distribution
Flora Growth to Acquire Pharmaceutical, Medical Cannabis Distributor in Germany
The company signed a definitive agreement with Franchise Global Health, which has principal operations in Europe’s largest economy.
October 24, 2022
Finance
Verano Repudiates $413M Deal to Acquire Goodness Growth Holdings
Goodness officials believe that Verano has “no legal” grounds for backing out of the transaction agreement and are committing “material breaches.”
October 14, 2022
No Deal Adobe Stock281165380
Finance
Verano Bets $5 Million to Enter Virginia Medical Market
The multistate cannabis operator entered into an agreement to acquire MedMen’s PhamaCann Virginia LLC, which has a license tied up in litigation.
October 13, 2022
Verano entered into a $5 million cash agreement July 7 to acquire PhamaCann Virginia LLC, which has a license for the state’s Health Service Area I tied up in a lawsuit.
Finance
Curaleaf Closes $181M Transaction to Acquire Tryke Companies
The deal backbones Curaleaf’s presence in three key markets in the West.
October 5, 2022
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Distribution
StateHouse Holdings Announces New Distribution Partnership With Nabis
Outsourcing distribution enables StateHouse to focus more on optimizing its retail and wholesale operations in California to expand margins and market share further.
October 4, 2022
Mergers and Acquisitions
OEG Retail Cannabis to Acquire Dispensaries, Tokyo Smoke Brand From Canopy Growth
The company will acquire 23 of Canopy’s Tweed and Tokyo Smoke stores in Manitoba, Saskatchewan, and Newfoundland and Labrador.
September 28, 2022
Cannabis Buds Adobe Stock Credit Hanohiki Resized
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