SNDL to buy Valens as cannabis industry M&A activity continues

Posted by - August 23, 2022

MedMen recently lost its opportunity, but acquisitions in the cannabis industry continue to appear SNDL knows that M&A moves continue to be a reality in the marijuana industry, so it has not wanted to be left behind. The company has now confirmed a deal to acquire The Valens Company, a transaction that will create a

Curaleaf set to acquire Reef Dispensaries owner for $286 million

Posted by - November 16, 2021

M&A activity in the cannabis space continues with another large purchase The western part of the country seems to be in the sights of Curaleaf, one of the most prominent cannabis companies in the US. It appears that to achieve this strategic plan, the company is fine-tuning the final details to acquire Tryke Companies, the

GrowGeneration expands its footprint with acquisition of The GrowBiz

Posted by - November 3, 2020

The cannabis industry-serving company continues to find new ground Stores selling hydroponic setups and supplies have been around for a while now, existing as small independent businesses all over the US. Their products were primitive and often shoddy, the lighting options were too expensive and complicated, but somehow most of the shops survived. As further

Columbia Care announces date for Colorado cannabis acquisition

Posted by - August 27, 2020

The Green Solution is about to become part of one of the largest cannabis operators around One more cannabis venture is making an entry into Colorado’s marijuana market through the acquisition of a company based in the state, The Green Solution (TGS). It is the largest vertically integrated operator in the state, and Columbia Care

Kadenwood acquires Colorado-based hemp company

Posted by - August 21, 2020

The consolidation of the cannabis industry finds another target Not all companies that enter into the cannabis business are deemed to succeed, especially when external factors take a big hit on its finances. To fight for survival, Colorado-based hemp-extracted cannabidiol (CBD) company EcoGen Laboratories is selling its business to Kadenwood LLC, a company that produces

Heritage Cannabis announces acquisition of Colorado-based Opticann

Posted by - August 5, 2020

The latest consolidation in the cannabis industry will help Heritage see a boost in its price A Canadian cannabis venture is making its way into the US cannabidiol (CBD) and cannabigerol (CBG) market through the acquisition of a Colorado-based company, Opticann Inc.. The latter owns the right to exclusively sell CBD and CBG products made

Curaleaf to issue shares in order to acquire cannabis company

Posted by - June 23, 2020

The cannabis vertical is making the final preparations on a share offer to cover cost of acquiring Grassroots The leading vertically-integrated cannabis company is about to take a step forward in order to become the world’s largest cannabis company. The US-based cannabis operator announced yesterday that it has the intention to acquire GR Companies, Inc.

Aurora Cannabis enters the US market with all-stock purchase of Reliva

Posted by - May 21, 2020

The cannabis company continues to see its stock stabilize as it launches a major rebound initiative Amid the great momentum for the Canadian cannabis venture Aurora Cannabis, the company has taken a solid step toward entry into the US market. According to the latest reports that were released yesterday, the company has acquired all stocks

IIP picks up new California property, expands Kings Garden agreement

Posted by - May 13, 2020

The cannabis-centered real estate investment trust continues to make huge deals While the federal authorities continue blocking all cannabis businesses from accessing loans and financial support from financial institutions, Innovative Industrial Properties, Inc. (IIP) continues to thrive. IIP is the first official real estate investment trust (REIT) focused on the cannabis industry to be listed

Cresco Labs backs out of pending acquisition after missing fourth-quarter estimates

Posted by - April 28, 2020

Weaker sales are forcing the company to reevaluate its expenditures This has been a bittersweet week for cannabis venture Cresco Labs in which it not only presented its latest financial results, but also canceled a planned acquisition. Overall, the figures presented were positive; however, they did not meet the company’s projections. For the fourth quarter