Strategic acquisition

CannAmerica Announces Acquisition of Arsenal Oils & Extracts in Colorado

VANCOUVER, BC – TheNewswire – December 16, 2021 – CannAmerica Brands Corp. (CSE:CANA) (CNSX:CANA.CN) (OTCQB:CNNXF) (“CannAmerica” or the “Company”) is pleased to announce the Company has successfully executed a Purchase Agreement (the “Agreement”) of CannAmerica’s Colorado licensee, Arsenal Oils and Extracts (“Arsenal”), a Colorado licensed manufacturer of infused products and maker of Anointed and Lo-Hi brands.  Arsenal’s annual sales of its branded products […]

Jupiter Wellness Signs Definitive Agreement to Merge with Next Frontier Pharmaceuticals, a Leading Drug Developer and Manufacturer of Synthetic Cannabinoid Pharmaceuticals

Owner of SYNDROS®(dronabinol), the only US-based FDA approved CII Tetrahydrocannabinol (THC), a liquid cannabinoid used in adults to treat: Chemotherapy Induced Nausea and Vomiting (CINV) associated in adult patients who have failed to respond adequately to conventional antiemetic treatments; and Anorexia associated with weight loss in adult patients with Acquired Immune Deficiency Syndrome (AIDS) 83,000 […]

Bespoke Extracts to Acquire Colorado Based Wonderleaf, LLC

Transaction provides Bespoke with a licensed marijuana infused production facility in Colorado.   DENVER, Colorado., Dec. 02, 2021 (GLOBE NEWSWIRE) — Bespoke Extracts, Inc. (OTC: BSPK) (“Bespoke” or the “Company”), a company focusing on consumer products in CBD and regulated cannabis, today signed definitive documents to acquire the assets of Wonderleaf, LLC (“Wonderleaf”), a licensed […]

Auxly Acquires 100% Ownership of Sunens and Amends Credit Facility

November 22, 2021 —Auxly acquires remaining equity interest and secures 100% ownership of Sunens Farms Inc. —Currently utilizing output from Sunens in its 1.0 and 2.0 cannabis products, including Ontario’s current top-selling dried-flower SKU, Back Forty’s Wedding Piei —Provides immediate improvement to gross margins and reduces reliance on large-scale wholesale cannabis purchases —Amends and restates […]

Schwazze Signs Definitive Agreement to Acquire Smoking Gun, LLC & Smoking Gun Land Company, LLC

Schwazze Continues to widen its Colorado Expansion Strategy DENVER, Nov. 15, 2021 /PRNewswire/ – Schwazze, (OTCQX: SHWZ) (“Schwazze” or the “Company”), announced that it has signed definitive documents to acquire the assets of Smoking Gun, LLC and Smoking Gun Land Company, LLC (“Smoking Gun”).   SCHWAZZE (CNW Group/Medicine Man Technologies, Inc.) The Smoking Gun dispensary and assets are located on a prime retail corner […]

Village Farms International Acquires 70% of Québec-Based ROSE LifeScience, a Leading Vertically Integrated Branded and Third-Party Supplier to the Québec Cannabis Market

 – Acquisition Adds a Substantial Presence in One of Canada’s Largest Cannabis Markets, Experienced, Québec-Based Cannabis Leadership and a Québec-Based Production Facility –   VANCOUVER, BC, Nov. 15, 2021 /PRNewswire/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) (TSX: VFF) today announced it has acquired 70% ownership of privately-held, Québec-based, ROSE LifeScience (“ROSE”), a leading vertically integrated branded cannabis […]

Verano Enters Connecticut Cannabis Market with Vertical Integration Ahead of Adult-Use Transition

Verano consummated the acquisition of Willow Brook Wellness, LLC, which holds an active dispensary in Meriden, Connecticut. Additionally, Verano has entered into definitive agreements to acquire both Caring Nature, LLC, which holds an active dispensary in Waterbury, Connecticut, and Connecticut Pharmaceutical Solutions, Inc., which holds an operating cultivation and production facility. These acquisitions are expected […]

TerrAscend Enters Into Amendment to the Membership Interest Purchase Agreement to Acquire Gage’s Licensed Operators and Extends Proxy Cut-Off for Voting at Special Meeting

Amendment is expected to facilitate and potentially expedite the timeframe in which the conditions for the closing of the Acquisition of Gage may be completed   Deadlines to accept proxies and revocations extended to 12:00 p.m. (Eastern time) on the date of the special meeting, November 11, 2021   TerrAscend encourages all minority shareholders to submit their votes […]

Gold Flora Acquires Higher Level Dispensaries

COSTA MESA, Calif., Nov. 8, 2021 /PRNewswire/ — Gold Flora, a vertically integrated cannabis company in California, announced it has acquired Higher Level Dispensaries. The deal includes the Higher Level dispensaries in the California cities of Seaside and Hollister. Gold Flora also has an option to purchase an additional Higher Level dispensary located in Greenfield, CA. Higher Level Dispensaries – now part of the Gold Flora […]

Columbia Care Completes Acquisition of Colorado-Based Medicine Man; Strengthens Leadership Position in World’s Second Largest Cannabis Market

Adds Four Denver-Metro Retail Locations and a 35,000-Square-Foot Indoor Cultivation Facility Immediately Accretive to Columbia Care’s Adjusted EBITDA and Cash Flow from Operations Solidifies Columbia Care’s Position as the Leading Retailer, Cultivator and Manufacturer in Colorado   NEW YORK–(BUSINESS WIRE)–Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one […]

Driven By Stem to Enter Colorado with Signing of LOI to Acquire Vertically-Integrated Cannabis Operator, Colorado Harvest Company

xpansion into Colorado Includes Operations with Two Colorado Delivery Permits, Three Dispensaries, and Two Cultivation Facilities   BOCA RATON, Fla., Oct. 26, 2021 (GLOBE NEWSWIRE) — Stem Holdings, Inc. d/b/a Driven by Stem (OTCQX: STMH) (CSE: STEM) (the “Company” or “Stem“), the first multi-state, vertically integrated Farm-to-Home™ (F2H) cultivation and technology omnichannel cannabis company featuring a proprietary […]

Humble & Fume Signs Share Purchase

Humble & Fume Inc. (CSE: HMBL) (“Humble” or the “Company”), a leading North American distributor of cannabis and cannabis accessories, supported by a customer-centric sales team and strong fulfillment infrastructure, announced today that it has entered into a Share Purchase Agreement (the “Agreement”) to acquire Cabo Connection (“Cabo”), a licensed cannabis distributor in Los Angeles, California. At closing, Humble […]

Cresco Labs to Expand Leadership in Pennsylvania Through Acquisition of Vertically Integrated Operator, Laurel Harvest

October 14, 2021 07:30 AM Eastern Daylight Time CHICAGO–(BUSINESS WIRE)–Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, announced today the execution of a definitive agreement to acquire 100% of the outstanding equity interests in Laurel Harvest Labs, LLC (“Laurel Harvest”), […]

Canopy Growth Announces Plan to Acquire Wana Brands, the #1 Cannabis Edibles Brand in North America

Transaction Strengthens Canopy Growth’s U.S. Ecosystem and Increases U.S. Cannabis Market Exposure Upon Federal Permissibility SMITHS FALLS, ON and BOULDER, Colo., Oct. 14, 2021 /PRNewswire/ – Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSX: WEED) (NASDAQ: CGC) and Mountain High Products, LLC, Wana Wellness, LLC and The Cima Group, LLC (collectively, “Wana” and each, a “Wana Entity”) are pleased to […]

Nova Comments on Sundial Growers Inc.’s Acquisition of Alcanna Inc.

EDMONTON, AB, Oct. 7, 2021 /CNW/ – Nova Cannabis Inc. (the “Company” or “Nova“) (TSX: NOVC) is pleased to provide comment on today’s announcement that Sundial Growers Inc. (“Sundial“) (NASDAQ: SNDL) entered into an arrangement agreement to acquire all of the issued and outstanding common shares of Alcanna Inc. (“Alcanna“) (TSX: CLIQ), Nova’s majority shareholder (the “Transaction“). […]

Sundial Growers to Acquire Alcanna Inc.

CALGARY, AB, Oct. 7, 2021 /CNW/ – Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company“)  is pleased to announce today that it has entered into an arrangement agreement (the “Agreement“) with Alcanna Inc. (TSX: CLIQ) (“Alcanna“) pursuant to which Sundial will acquire all of the issued and outstanding common shares of Alcanna (“Alcanna Shares“) by way of […]

Akerna closes $17 million acquisition of 365 Cannabis, built on Microsoft’s Dynamics 365 Business Central, offering cannabis operators the most comprehensive ERP system

The acquisition combines Akerna’s compliance gateway and feature-rich reporting with 365 Cannabis’ Microsoft ERP solution to create the cannabis sector’s most complete portfolio of tax, financials, operations, reporting, and compliance systems, crucial to scale as the industry grows and matures.   DENVER, Oct. 4, 2021 /PRNewswire/ — Akerna (Nasdaq: KERN), a leading enterprise software company and the […]

The Parent Company to Acquire Coastal, Expanding its Retail Network to Eleven Operating Stores and Six Delivery Depots

Acquisition Expands the Company’s Reach to Over 80% of California’s Population with the Second Largest Retail Dispensary and Delivery Hub Network in the State   SAN JOSE, Calif., Oct. 4, 2021 /CNW/ – TPCO Holding Corp. (“The Parent Company” or the “Company”) (NEO: GRAM.U) (OTCQX: GRAMF), today announced that it has signed definitive agreements to acquire 100% of the equity of […]

Yooma Wellness Completes Acquisition of Big Swig, Inc.

TORONTO, Oct. 01, 2021 (GLOBE NEWSWIRE) — Yooma Wellness Inc. (“Yooma“) (CSE: YOOM, AQSE: YOOM), a Toronto-based vertically-integrated global wellness platform that develops and markets a portfolio of wellness brands, today announced that it has completed the acquisition of Big Swig, Inc. (“Big Swig”), a U.S.-based seller of sparkling water beverages.   The transaction was […]

Village Farms International Enters Option Agreement to Acquire 80% of Leli Holland, One of Ten Applicants Eligible for a Netherlands Cannabis Production License in What is Expected to be First Legal Recreational Market in Europe

VANCOUVER, BC, Sept. 28, 2021 /PRNewswire/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ:VFF) (TSX:VFF) today announced it has entered into an option agreement whereby the Company has received the irrevocable right to acquire an 80% ownership interest (the “Option Agreement”) in Netherlands-based Leli Holland B.V. (“Leli”) upon payment of EUR50,000 (the “Option”). Leli is one of the ten […]

Kiaro Closes Acquisition Of Hemisphere Cannabis and Forecasts Projected Annual Revenue Of $42.7 Million With Gross Profit Of $13.7 Million From 16 Stores

VANCOUVER, BC, Sept. 27, 2021 /CNW/ – Kiaro Holdings Corp. (TSXV: KO) (“Kiaro” or the “Company”), a national omni-channel cannabis retailer and wholesale distributor, is pleased to announce that further to its news release dated July 13, 2021, the Company completed a transaction (the “Transaction”) with Aegis Brands Inc. (“Aegis”) to acquire all the issued and outstanding shares […]

Yooma Wellness to Acquire Sparkling Water Brand Big Swig, Inc.

The acquisition of Big Swig’s sparkling water beverage business will add to the scope of Yooma’s brands and presence in the United States and create the opportunity for innovative new product offerings.   TORONTO, Sept. 20, 2021 (GLOBE NEWSWIRE) — Yooma Wellness Inc. (“Yooma“) (CSE: YOOM, AQSE: YOOM), a Toronto-based vertically-integrated global wellness platform that […]

Chalice Brands Ltd. Acquires Cannabliss & Co. Retail Chain from Acreage Holdings Inc., Increasing Retail Footprint to 16 Stores in Oregon

PORTLAND, Ore., Sept. 16, 2021 (GLOBE NEWSWIRE) — Chalice Brands Ltd. (CSE:CHAL) (OTCQB:CHALF) (“Chalice” or the “Company”), a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, has entered into an asset purchase agreement and a services agreement effective September 16, 2021 (the “Agreement”) to acquire four retail stores branded Cannabliss & […]

Grapefruit USA, Inc. Acquires Controlling Interest in Summit Boys, Inc. of Monterey, Calif., in Stock-for-Stock Exchange

LOS ANGELES and DESERT HOT SPRINGS, Calif., Sept. 15, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, today announces that on Friday, Sept. 10, 2021, the Company closed on the acquisition of a controlling interest in Monterey, California-based Summit Boys, […]

Dash Capital Corp. and Simply Solventless Concentrates Ltd. Announce Asset Purchase Agreement for the Acquisition of Fully Licenced Cultivation and Processing Facility from Sundial Growers Inc.

Calgary, Alberta–(Newsfile Corp. – September 3, 2021) – Dash Capital Corp. (TSXV: DCX.P) (“Dash“) and Simply Solventless Concentrates Ltd. (“SSC” or the “Company“) are pleased to announce that SSC has entered into an asset purchase agreement (the “Agreement“) dated September 2, 2021 with Sundial Growers Inc. (“Sundial“) to acquire its 33,000 square foot fully licenced cultivation […]

Sugarmade Announces Closing of Acquisition of New Property to Serve as Second Licensed LA Nug Avenue Delivery Hub

NEW YORK, Aug. 17, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD”, or the “Company”), an emerging leader in the vertically integrated cannabis marketplace based in California, is excited to announce the closing of the Company’s acquisition of a property in Los Angeles that will serve as a new distribution/delivery […]

Leviathan Natural Products Acquires Colombian Company with Cannabis Licenses

Toronto, Ontario–(Newsfile Corp. – August 17, 2021) – Leviathan Natural Products Inc. (CSE: EPIC) (OTCQB: LVCNF) (the “Company” or “Leviathan“) is pleased to announce that its Colombian subsidiary, LCG Holdings Inc (“LGC“), has completed an acquisition of all of the issued and outstanding shares (the “Acquisition“) of Natural Origins SAS (“Natural Origins“), a Colombian company […]

Village Farms International Acquires 100% of Balanced Health Botanicals, a Profitable Leader in the US CBD Category, Providing an Additional Pathway to High-THC Cannabis Market in the US

– Acquisition Expected to be Immediately Accretive to Net Income – VANCOUVER, BC, Aug. 16, 2021 /CNW/ – Village Farms International, Inc. (“Village Farms” or the “Company”) (NASDAQ: VFF) (TSX: VFF) today announced that it has acquired 100% interest of privately-held, Colorado-based CBD-platform Balanced Health Botanicals (“Balanced Health”) in a transaction valued at US$75 million, effective today (“Closing Date”).  Balanced Health owns […]

Phyto Extractions Inc. Announces Proposed Acquisition of PerceiveMD, a Multidisciplinary Centre for Medical Cannabis and Psychedelic Therapies

LANGLEY, BC / ACCESSWIRE / August 11, 2021 / Phyto Extractions Inc. (formerly, Adastra Labs Holdings Ltd.) (CSE:XTRX)(FRA:D2EP) (“Phyto Extractions™” or the “Company”) is pleased to announce that it has entered into a share purchase agreement dated August 10, 2021 (the “Share Purchase Agreement”) pursuant to which the Company has agreed to acquire, indirectly through its […]

Greenrose Acquisition Corp. Enters Agreements for Up to $103 Million in Additional Capital

AMITYVILLE, N.Y., Aug. 05, 2021 (GLOBE NEWSWIRE) — Greenrose Acquisition Corp. (OTC: GNRSU, GNRS, GNRSW) (Greenrose), a special purpose acquisition company targeting companies in the cannabis industry, has entered into agreements for up to $103 million in capital from SunStream Bancorp (“SunStream”), a joint venture initiative sponsored by Sundial Growers Inc. (Nasdaq: SNDL). SunStream’s investment […]