Mergers and Acquisitions: Page 2

Vireo Growth Provides Corporate Update After Closing All Merger Transactions

The cannabis company now operates in six states and believes its improved profitability profile could help secure favorable debt refinancing terms.

Vireo Growth Acquires Deep Roots Harvest for $133 Million in Nevada

The transaction includes 10 dispensaries and a 54,000-square-foot cultivation and manufacturing facility.

Vireo Growth Closes $102 Million Acquisition of Proper Brands in Missouri

Proper is one of the largest operators in Missouri with 11 dispensaries and a 100,000-square-foot-plus cultivation and manufacturing facility.

Budr Cannabis Acquires 3 The Botanist Dispensaries in Connecticut

The multistate cannabis operator now owns seven retail facilities in Connecticut, including the three The Botanist stores from Acreage Holdings.

MediPharm to Close $4.5 Million Cash Sale of Cannabis Facility to Rubicon Organics in June

The transaction is for a 47,500-square-foot indoor cultivation facility in Hope, British Columbia.

TerrAscend Acquires Ohio Dispensary, Entering 6th State Market

The company’s acquisition is expected to be immediately accretive on an EBITDA and cash-flow basis.

ScottsMiracle-Gro Transfers Cannabis Subsidiary to Independent, Unnamed Partner

The lawn and garden company separated its cannabis holdings, Hawthorne Collective, to drive greater growth in its core business.

MariMed Acquires First State Compassion Center in Delaware

The acquisition integrates the Delaware cannabis operator’s cultivation and processing facilities and two dispensaries into MariMed’s operations.

Rubicon Organics to Buy MediPharm Labs Cultivation Facility for $4.5 Million

The 47,500-square-foot indoor Hope Facility in British Columbia is equipped with advanced cultivation technology.

High Tide Pause Acquisition of Purecan GmbH, Explores Alternative to Enter German Cannabis Market

The Canadian company reassessed the optimal structure of its intended transaction and is now exploring alternative arrangements with Purecan.

iAnthus Sells 5 Arizona Cannabis Facilities for $36.5 Million

The company’s transaction with Sonoran Roots includes three dispensaries and two cultivation and processing facilities.

TILT Holdings Signs Definitive Agreement to Divest 2 Retail Locations in Massachusetts

The cannabis company is selling its Taunton dispensary to In Good Health for $2 million and is closing its store in Brockton.

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