Tag: CBT > Business Issues/ Benchmarks > Mergers and Acquisitions: Page 9

California

The Parent Company Completes the Acquisition of Calma

The company has acquired the remaining 15% equity of its Calma Weho LLC dispensary.

September 27, 2022

International

Curaleaf Completes Majority Stake Acquisition of Germany’s Four 20 Pharma

The deal solidifies Curaleaf’s strategic advantage in Germany as the country prepares for adult use.

September 19, 2022

Washington

Agrios Global Sues Former Directors Over $30M Cannabis Facility

The lawsuit in Mason County, Wash., alleges the former board chairman and CEO breached fiduciary duties by unlawfully taking the property and business.

September 15, 2022

International

Akanda Partners with Cookies to Bring the Cannabis Brand and High THC Strains to European Consumers

The exclusive licensing agreement enables Akanda to cultivate, manufacture and sell Cookies branded products in Portugal, including operating Cookies branded pharmacy outlets.

September 14, 2022

International

Flora Growth Acquires No Cap Hemp Co

The acquisition provides the opportunity to expand Flora’s distribution foothold in the U.S. market with a unique collection of products with strong revenue growth potential.

September 9, 2022

Nevada

Verano Expands Nevada Footprint With Sierra Well Acquisition

With the acquisition, Verano’s Nevada portfolio now totals five dispensaries and two cultivation and production facilities throughout the state.

September 8, 2022

Mergers and Acquisitions

Delta 9 Announces Completion of Acquisition of Three Retail Cannabis Stores in Manitoba

Delta 9 has completed a previously announced transaction with 10552763 Canada Corp.

September 7, 2022

Florida

Green Sentry Acquires MedMen’s Florida Assets, Announces Sunburn Cannabis

The Florida-based operator acquired MedMen’s vertically integrated license, which includes a cultivation and processing facility, as well as 14 dispensaries throughout Florida.

September 1, 2022

Finance

Aurora Cannabis Acquires Controlling Interest in Bevo Farms

Long term investment is expected to deliver Aurora immediate positive cash flow.

August 25, 2022

Mergers and Acquisitions

Ascend Wellness Calls Off MedMen NY Acquisition After 17 Months

Despite settling an M&A lawsuit in May, Ascend CEO cancels $88-million deal, calling New York a “highly uncertain” regulatory environment.

August 16, 2022

Mergers and Acquisitions

Delta 9 Announces Agreement to Acquire Three Retail Cannabis Stores in Manitoba

Delta 9 has entered into an asset purchase agreement with 10552763 Canada Corp. to acquire all or substantially all of the vendor’s assets relating to the operation of three Garden Variety branded retail cannabis stores located in Manitoba, two in Winnipeg and one in Brandon.

August 16, 2022

Mergers and Acquisitions

Tilray Wellness Announces U.S. Distribution Agreement with Southern Glazer’s Wine & Spirits for CBD Beverages

The distribution agreement will provide Tilray with direct access to Southern Glazer’s distribution network, reaching consumers everywhere, from local bars and restaurants to independent and national grocery chains and convenience stores.

August 10, 2022