Strategic acquisition


HempFusion Closes Acquisition of Apothecanna

August 3rd, 2021 - Ryan Allway

DENVER–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a leading health and wellness Company offering premium probiotic supplements and products containing CBD, is pleased to announce that it has completed its previously announced acquisition of APCNA Holdings LLC (“Apothecanna”) (the “Transaction”).   Transaction Highlights: Apothecanna had revenue of over $3.8 million in 2020, which […]

Entheon Biomedical Corp. Acquires Lobo Genetics Inc.

July 30th, 2021 - Ryan Allway

Genetic Screening Platform Technology and Data to Strengthen Entheon’s Psychedelic-Assisted Protocols   Vancouver, British Columbia–(Newsfile Corp. – July 30, 2021) – Entheon Biomedical Corp. (CSE: ENBI) (OTCQB: ENTBF) (FSE: 1XU1) (“Entheon” or the “Company“) is pleased to announce that the Company completed its acquisition of Lobo Genetics Inc. (“Lobo“), a personalized genetics company with a […]

Levitee Labs Acquires Five Addiction Clinics in Alberta

July 29th, 2021 - Ryan Allway

Levitee acquires the majority of the operating assets of ACT Medical Centres Inc. Five acquired addiction clinics have conducted 35,000+ patient visits over last 12 months Clinics will be integrated with Levitee’s growing portfolio of healthcare assets   VANCOUVER, BC, July 29, 2021 /CNW/ – Levitee Labs Inc. (CSE: LVT) (the “Company” or “Levitee”), an integrative wellness company with a diversified […]

Halo Collective Plans to Acquire William’s Wonder Farms

July 24th, 2021 - Ryan Allway

TORONTO, July 24, 2021 /CNW/ – Halo Collective Inc. (“Halo” or the “Company” (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN), a vertically integrated cannabis company, has entered into an asset purchase agreement effective July 23, 2021 (the “Asset Purchase Agreement”) pursuant to which its wholly-owned subsidiary ANM, Inc. (“ANM”) will acquire the William’s Wonder Farms (“William’s”) cannabis cultivation business in Oregon, including […]

Levitee Labs Signs Definitive Agreements to Acquire Clinics, Pharmacies, and a Telemedicine Company in Alberta

July 23rd, 2021 - Ryan Allway

Asset purchase agreement to acquire all material operating assets of 5 addiction clinics Share purchase agreement to acquire 3 specialized pharmacies Share purchase agreement to acquire leading telehealth provider in addiction services Combined for over 35,000 patient visits over the past 12 months, 70% via telehealth Targets combined trailing twelve months revenues of approximately $7.5 […]

Vext Science Provides Update on Ohio Retail Progress

July 22nd, 2021 - Ryan Allway

VANCOUVER, BC, July 20, 2021 /CNW/ – Vext Science, Inc. (“Vext” or the “Company”) (CSE: VEXT) (OTCQX: VEXTF) a cannabinoid operator and brand leader based in Arizona, leveraging its core expertise in extraction, manufacturing, cultivation and marketing to build a profitable multi-state footprint, today provided an update on its progress toward establishing a retail presence in the State of Ohio.   […]

Sundial Growers Completes the Acquisition of Spiritleaf Retail Cannabis Network

July 20th, 2021 - Ryan Allway

Sundial enters the Canadian cannabis retail space with the addition of the country’s largest single brand network with 100-plus retail locations   CALGARY, AB , July 20, 2021 /CNW/ – Sundial Growers Inc. (Nasdaq: SNDL) (” Sundial ” or the ” Company “) is pleased to announce the completion of the previously disclosed arrangement (the ” Arrangement “) whereby Sundial has acquired all of […]

Ayr Wellness Agrees to Acquire Tahoe Hydro, Adding Award-Winning Cultivators of High-Quality Flower in Nevada

July 19th, 2021 - Ryan Allway

  NEW YORK, July 19, 2021 (GLOBE NEWSWIRE) — Ayr Wellness Inc. (CSE: AYR.A, OTC: AYRWF) (“Ayr” or the “Company”), a leading vertically integrated cannabis multi-state operator (“MSO”), has announced a Definitive Purchase Agreement (the “Purchase Agreement”) to acquire Tahoe Hydroponics Company, LLC (“Tahoe Hydro”), an award-winning cultivator and one of Nevada’s top producers of […]

Audacious Acquires LOOS, a California Shot Beverage and Edibles Company

July 14th, 2021 - Ryan Allway

Back-End Loaded Transaction Expands Audacious Product Portfolio into THC and CBD Infused Beverage Category Loos Management Team Has Highly Successful Track Record in California Edibles Market Rapid Onset Shots Product Line with Rapidly Growing Pre-Sales in California Market   LAS VEGAS , July 14, 2021 /PRNewswire/ – Australis Capital Inc., operating as Audacious (CSE: AUSA) (OTC: AUSAF) (“AUSA”, “Audacious”, or the […]

Audacious Acquires LOOS, a California Shot Beverage and Edibles Company

July 14th, 2021 - Ryan Allway

Back-End Loaded Transaction Expands Audacious Product Portfolio into THC and CBD Infused Beverage Category Loos Management Team Has Highly Successful Track Record in California Edibles Market Rapid Onset Shots Product Line with Rapidly Growing Pre-Sales in California Market   LAS VEGAS , July 14, 2021 /PRNewswire/ – Australis Capital Inc., operating as Audacious (CSE: AUSA) (OTC: AUSAF) (“AUSA”, “Audacious”, or the […]

Goodness Growth Holdings Signs Definitive Agreement to Acquire Charm City Medicus Dispensary in Baltimore, Maryland

July 9th, 2021 - Ryan Allway

– Transaction will improve scale in Maryland’s medical cannabis market by expanding retail dispensary footprint – – Company expects to transition Charm City Medicus to Green Goods™ retail dispensary brand post-closing –     MINNEAPOLIS, July 9, 2021 /PRNewswire/ — Goodness Growth Holdings, Inc. (“Goodness Growth” or the “Company”) (CSE: GDNS; OTCQX: GDNSF), a physician-led, science-focused cannabis company and […]

IM Cannabis Closes Acquisition of MYM Nutraceuticals

July 9th, 2021 - Ryan Allway

TORONTO, ON and GLIL YAM, ISRAEL / ACCESSWIRE / July 9, 2021 / IM Cannabis Corp. (“IMC” or the “Company”) (NASDAQ:IMCC)(CSE:IMCC), a multi-country operator (“MCO”) in the medical and adult-use recreational cannabis sectors with operations in Israel, Germany and Canada, and MYM Nutraceuticals Inc. (“MYM”), a Canadian cultivator, processor, and distributor of premium cannabis, are pleased […]

High Tide Closes Acquisition of Daily High Club

July 6th, 2021 - Ryan Allway

Acquisition Cements High Tide’s Position as Leader Within U.S. E-commerceMarketplace for Consumption Accessories   High Tide adds another top e-commerce platform to its portfolio which will now include 3 out of the top 5 most popular e-commerce platforms for consumption accessories globally totaling 91 million site visits in 2020, including 23 million associated with Daily […]

Columbia Care Completes Acquisition of CannAscend, Owner and Operator of Four Dispensaries Across Ohio

July 2nd, 2021 - Ryan Allway

Acquisition Affirms Columbia Care’s Position as one of the Most Scaled, Fully Integrated Medical Cannabis Licensees in Ohio   July 02, 2021 – NEW YORK — Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and providers of cannabis products, […]

SLANG Worldwide Creates Third Core Market with Signing of Definitive Merger Agreement to Acquire High Fidelity, Vermont’s Largest Vertically Integrated Operation

June 28th, 2021 - Ryan Allway

Merger includes retail, distribution and cultivation capabilities in the limited license market where adult-use sales are expected to reach up to US$230 million in 2023[1]   Toronto, Ontario–(Newsfile Corp. – June 28, 2021) – SLANG Worldwide Inc. (CNSX: SLNG) (OTCQB: SLGWF) (“SLANG” or the “Company“), a leading global cannabis consumer packaged goods (CPG) company with a diversified portfolio […]

The Parent Company Expands California Retail Footprint

June 28th, 2021 - Ryan Allway

Acquires Calma, one of ten licensed storefront dispensaries with delivery in West Hollywood Area   SAN JOSE, Calif., June 28, 2021 /PRNewswire/ – TPCO Holding Corp. (“The Parent Company” or the “Company”) (NEO: GRAM.U) (OTCQX: GRAMF), today announced that it has signed a definitive agreement to acquire 100% of the equity of Calma West Hollywood (“Calma”), an operating dispensary located in West Hollywood, California, […]

High Tide Continues to Expand U.S. E-Commerce Presence Through Acquisition of Daily High Club

June 25th, 2021 - Ryan Allway

High Tide adds another top e-commerce platform to its portfolio which will now include 3 out of the top 5 most popular e-commerce platforms for consumption accessories globally totaling 91 million site visits in 2020, including 23 million associated with Daily High Club alone. High Tide gains access to Daily High Club’s over 15,000 subscription […]

SpeakEasy Announces Proposed Strategic Acquisition of Karolos Research Inc.

June 24th, 2021 - Ryan Allway

ROCK CREEK, BC, June 24, 2021 /CNW/ – SpeakEasy Cannabis Club Ltd. (CSE: EASY) (Frankfurt: 39H) (the “Company” or “SpeakEasy“), a holder of a federal licence to cultivate, process and sell cannabis under the Cannabis Act, is pleased to announce that it has entered into a share purchase agreement dated June 24, 2021 among the Company, Karolos Research Inc. (“Karolos“) and each of the security […]

Canopy Growth Completes Acquisition of Supreme

June 23rd, 2021 - Ryan Allway

Acquisition solidifies Canopy Growth’s leadership position in the Canadian recreational market SMITHS FALLS, ON, June 23, 2021 /CNW/ – Canopy Growth Corporation (“Canopy”) (TSX: WEED) (NASDAQ: CGC) and The Supreme Cannabis Company, Inc. (“Supreme”) (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) are pleased to announce the completion of the previously announced arrangement (the “Arrangement”) whereby Canopy has acquired all of […]

Cannara Biotech Inc. Completes Acquisition of TGOD’s State-of-the-art Cultivation and Manufacturing Facility in Valleyfield, Quebec

June 23rd, 2021 - Ryan Allway

Newly built fully automated one million sq. ft. facility increases Company’s production capacity of premium-grade cannabis up to 125,000 kg annually   MONTREAL, June 23, 2021 /CNW/ – Cannara Biotech Inc. (“Cannara” or the “Company“) (TSXV: LOVE) (OTCQB: LOVFF) (FRA: 8CB), a vertically integrated producer of premium-grade cannabis and derivative products with one of the largest indoor cannabis […]

Little Green Pharma To Accelerate Growth Strategy With Acquisition of World-Class Production and Manufacturing Facility in Denmark

June 22nd, 2021 - Ryan Allway

PERTH, Australia, June 22, 2021 /PRNewswire/ — Little Green Pharma Ltd (ASX: LGP) has acquired a world-class, fully-operational, GMP medicinal cannabis cultivation and manufacturing facility in Denmark from Canopy Growth Corporation (TSX:WEED, NASDAQ: CGC).   The facility, located in Northern Odense, has the capacity to produce in excess of 12 tonnes per annum of finished flower and provides LGP with much-needed product supply from […]

Hydrofarm Enters into Agreement to Acquire Aurora Innovations and its Organic Nutrients and Grow Media Operations

June 17th, 2021 - Ryan Allway

Aurora Innovations Brings Valuable Manufacturing Presence on the West Coast in Oregon, on the East Coast in New York State, and in Western Canada   FAIRLESS HILLS, Pa., June 17, 2021 (GLOBE NEWSWIRE) — Hydrofarm Holdings Group, Inc. (“Hydrofarm”) (Nasdaq: HYFM), a leading independent distributor and manufacturer of hydroponics equipment and supplies for controlled environment agriculture (“CEA”), […]

Columbia Care Signs Definitive Agreement to Acquire Medicine Man, a Rapidly Growing, Vertically Integrated Operator in the Denver Metro Area

June 15th, 2021 - Ryan Allway

Pioneering Vertical Operator Will Significantly Strengthen Columbia Care’s Position as Leader in World’s Second-Largest Cannabis Market Immediately accretive to Columbia Care’s gross margin, Adjusted EBITDA, and free cash flow Adds four retail locations and a 35,000-square-foot cultivation facility that produces approximately three million grams of dried flower annually, all of which is sold through Medicine […]

Columbia Care Completes Acquisition of Green Leaf Medical; Cements Market Leading Position in Mid-Atlantic

June 11th, 2021 - Ryan Allway

Affirms Company’s Position as a Leading Cultivator, Processor, Wholesale Supplier and Retailer in Limited License States of Maryland, Ohio, Pennsylvania and Virginia Adds Approximately 400,000 Square Feet of Cultivation and Production Capacity as well as Four Operational Dispensaries and Six In-Development Dispensaries in Key Markets Immediately Accretive to Columbia Care Gross Margin, Adjusted EBITDA and […]

HERBL Announces Acquisition of Blackbird to Create Leading Multi-State Supply Chain Solution in Cannabis Industry

June 8th, 2021 - Ryan Allway

 HERBL, California’s largest cannabis supply chain solutions company, today announced its acquisition of Blackbird, a premier cannabis distributor and direct-to-consumer software solutions company based in Nevada. The transaction allows HERBL to leverage Blackbird’s ecosystem of national retail and logistics insights to enter the Nevada market and create the most comprehensive supply chain platform in the industry.   The acquisition positions […]

WeedMD and Privately Owned CannTx Life Sciences Sign Letter of Intent to Create a Cannabis Cultivation and Consumer-Centric Product Portfolio

May 31st, 2021 - Ryan Allway

Strategic acquisition of innovative, specialized cannabis operator will fold in micro-propagation technology, a craft portfolio, and solventless extraction capabilities Complementary operations and combined brand portfolio meets emerging trends in consumer preference, alongside continued growth in new business verticals Guelph-based state-of-the-art facility will help create synergies and further cost efficiencies to bring new strains and high-margin products […]


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