acquisition Archives

Debra BorchardtNovember 2, 2020

Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) is buying Friendly Stranger Holdings Corp. in a deal valued at over $17 million. The deal is expected to close in the fourth quarter of 2020. An additional $4.6 million (approximately) will be set aside subject to authorizations for additional stores. Friendly Stranger owns and operates […]

Debra BorchardtNovember 2, 2020

GrowGeneration Corp. (NASDAQ: GRWG) continues to add to its stable of hydroponic stores with the latest acquisition being The GrowBiz. GrowGen did not disclose how much it paid for the chain, which is the country’s third-largest, but did note that it is expected to deliver $50 million in annual revenues. The deal is expected to […]

Debra BorchardtSeptember 24, 2020

Halo Labs Inc.(OTCQX: AGEEF) is acquiring 1265292 B.C. Ltd., otherwise known as Cannafeels, in exchange for common shares of Halo. The deal is valued at $6.5 million and is expected to close on or about October 15. Cannafeels is a software company developing an online application to provide consumers with relevant, web-sourced, and curated information […]

Debra BorchardtSeptember 9, 2020

Columbia Care Inc. (OTCQX: CCHWF) has signed an agreement to buy California-based Project Cannabis for approximately $57 million in Columbia Care stock and approximately $12 million in cash from the proceeds of a concurrent sale of Project Cannabis’ real estate assets. The deal is expected to close in the fourth quarter of 2020. “Project Cannabis […]

StaffJuly 27, 2020

MYM Nutraceuticals Inc. (CSE: MYM) (OTC: MYMMF) is buying Biome Grow Inc. (CSE:BIO) (CNSX:BIO.CN) for roughly $12,898,727 (all figures in Canadian dollars). Biome is a Canadian-based company with national and international business interests in the cannabis industry. Its wholly-owned subsidiary Highland Grow Inc. is licensed to cultivate, process, and sell cannabis. The transaction will include $1.5 […]

Debra BorchardtJuly 22, 2020

Red White & Bloom Brands Inc. (RWB) (OTC: RWBYF) is buying a group of California-based companies operating under the name Platinum Vape for approximately $35 million. This is the first acquisition by RWB since going public and also marks its entry into California. The company is paying $7 million in cash at the closing, another […]

Debra BorchardtMarch 27, 2020

One day after announcing it had terminated its deal to acquire Verano Holdings, Harvest Health & Recreation Inc. (CSE: HARV, OTCQX: HRVSF) has now said it is going to buy Franklin Labs, LLC, a subsidiary of CannaPharmacy, for approximately $25.5 million payable with $15.5 million in cash and a $10 million promissory note. Harvest Health stock fell over 16% to 94 cents yesterday […]

Debra BorchardtFebruary 3, 2020

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) signed a definitive agreement to acquire Oregon-based Tozmoz, which is a wholly-owned subsidiary, TZ Acquisition, Inc. for roughly $2.8 million. Tozmoz is a cannabis extractor that was founded in 2015 as one of the first Oregon Liquor Control Commission licensed processors in the state. “We have been […]

Debra BorchardtJanuary 17, 2020

Cannabis marketing tech firm Fyllo has acquired cannabis regulatory tech firm CannaRegs for an undisclosed amount. CannaRegs distinguished itself for the company’s ability to drill down into local cannabis regulations, which can differ between the municipality, county and state levels of oversite. As part of the acquisition, Amanda Ostrowitz, CannaRegs’ founder and CEO, will join Fyllo as […]

Debra BorchardtJanuary 2, 2020

Harvest Health & Recreation Inc. (CSE: HARV)(OTCQX: HRVSF) is buying MJardin’s (OTC: MJARF) 32,000 square foot cultivation facility in Cheyenne, Nevada in a transaction valued at $35 million. Harvest Health said it was being financed by an existing Harvest lender. The company said that $30 million was funded on December 31st with the remaining $5 […]

One of Las Vegas’ cannabis lounges closes its doors

Psyence Group consolidates its shares

In other news

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Regulatory chaos threatens US hemp industry

Report: California regulators suspend cannabis lab’s business license for questionable test results

Tag: acquisition

Fire & Flower Buying Friendly Stranger In Deal Valued At Over $20 Million

GrowGeneration Adds The GrowBiz To Its Chain

Halo Acquires Cannafeels In $6.5 Million All Stock Deal

Columbia Care To Buy Project Cannabis For $69 Million

MYM Nutraceuticals Acquires Biome Grow For $12 Million

Red White & Bloom Acquires Platinum Vape For $35 Million

Harvest Health Buys Franklin Labs, Lays Off Have A Heart Employees

Golden Leaf Acquires Oregon’s Tozmoz For $2.8 Million

Fyllo Acquires CannaRegs To Create Data Powerhouse

Harvest Health Acquires MJardin’s Cheyenne Property

One of Las Vegas' cannabis lounges closes its doors

Psyence Group consolidates its shares

Nebraska medical cannabis regulations stall in legislative committee

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