Company acquisitions in the Cannabis industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.
In this blog post, we are taking a closer look at 11 acquisitions that took place in the Cannabis industry.
Acquisition amount:
$1,500,000
Announcement:
27 September 2022
A cannabis dispensary is run by Calma Weho.
Headquarter:
West Hollywood, California, United States
Where to find them:
Website
Industry:
Cannabis
The Parent Company is a cannabis platform that improves the buying experience for cannabis consumers by making it more simple, effective, and secure.
Headquarter:
San Jose, California, United States
Where to find them:
Website
Acquisition amount:
$30,000,000
Announcement:
31 October 2022
The U.S. cannabis sector can use Abaca's banking, payment processing, lending, and treasury management services.
Headquarter:
North Little Rock, Arkansas, United States
Where to find them:
Website
Industry:
Banking, Cannabis, Financial Services, FinTech
Companies in the cannabis business can use the financial services offered by Safe Harbor Financial.
Headquarter:
Arvada, Colorado, United States
Where to find them:
Website
Acquisition amount:
$12,500,000
Announcement:
15 December 2022
Bulk cannabis products are sold by Arbor Vita8, a firm that distributes and processes hemp.
Headquarter:
Phenix City, Alabama, United States
Where to find them:
Website
Industry:
Agriculture, Cannabis, Farming, Pharmaceutical
E-commerce SaaS platform for hemp-related companies.
Headquarter:
Savannah, Georgia, United States
Where to find them:
Website
Acquisition amount:
$48,000,000
Announcement:
17 January 2018
providing medicinal marijuana products of the highest quality, suitable for healing and comfort.
Headquarter:
Lake Wales, Florida, United States
Where to find them:
Website
Industry:
Agriculture, Cannabis, Health Care, Medical
iAnthus offers a distinctive blend of financial resources and practical management and operating experience.
Headquarter:
New York, New York, United States
Where to find them:
Website
Acquisition amount:
$35,000,000
Announcement:
22 July 2020
Platinum Vape is an alliance of marijuana businesses driven by the desire to create an oil that is potent, reliable, and appealing.
Headquarter:
California, Usulutan, El Salvador
Where to find them:
Website
Industry:
Cannabis, Farming
In the American cannabis sector, Red White & Bloom is the torchbearer blazing a new trail and establishing a benchmark.
Headquarter:
Granville, Illinois, United States
Where to find them:
Website
Acquisition amount:
$5,300,000
Announcement:
29 December 2022
Jimmy's Cannabis Shop sells marijuana in a professional capacity.
Headquarter:
Rossland, British Columbia, Canada
Where to find them:
Website
Industry:
Cannabis
High Tide is a cannabis company with an emphasis on retail, in addition to producing and distributing products for use.
Headquarter:
Calgary, Alberta, Canada
Where to find them:
Website
Acquisition amount:
$70,419,810
Announcement:
21 December 2021
A premium seed to consumer premium medical and recreational cannabis enterprise, Next Green Wave is vertically integrated.
Headquarter:
Vancouver, British Columbia, Canada
Where to find them:
Website
Industry:
Cannabis
Planet 13 is a multi-use entertainment and cannabis dispensary facility that offers interactive entertainment and cannabis goods.
Headquarter:
Las Vegas, Nevada, United States
Where to find them:
Website
Acquisition amount:
$31,240,000
Announcement:
22 November 2021
We are enthusiastic in assisting people in living happier, healthier lives here at NuLeaf Naturals.
Headquarter:
Denver, Colorado, United States
Where to find them:
Website
Industry:
Cannabis, Consumer Goods, Organic
High Tide is a cannabis company with an emphasis on retail, in addition to producing and distributing products for use.
Headquarter:
Calgary, Alberta, Canada
Where to find them:
Website
Acquisition amount:
$25,600,000
Announcement:
20 December 2021
Gummies containing dosed CBD and no THC are produced by Plus Products and delivered to clients' doors.
Headquarter:
Walnut, California, United States
Where to find them:
Website
Industry:
Cannabis, Consumer Goods, Food and Beverage, Manufacturing, Product Search
One of the vertically integrated cannabis businesses with a clear emphasis on the California market is Glass House Brands.
Headquarter:
Long Beach, California, United States
Where to find them:
Website
Acquisition amount:
$12,000,000
Announcement:
27 September 2022
Research and Development (R&D) for unique formulations is a specialty of Boulder Botanical & Bioscience Labs.
Headquarter:
Golden, Colorado, United States
Where to find them:
Website
Industry:
Biotechnology, Cannabis, Health Care
Real Brands is a business that builds brands.
Headquarter:
Pompano Beach, Florida, United States
Where to find them:
Website
Acquisition amount:
$29,200,704
Announcement:
24 October 2022
Franchise Global Health Inc. ("FGH") is a multinational company that operates in the medicinal cannabis industry through its subsidiaries.
Headquarter:
Vancouver, British Columbia, Canada
Where to find them:
Website
Industry:
Cannabis, Medical
The cannabis business Flora Growth uses organic farming techniques.
Headquarter:
Toronto, Ontario, Canada
Where to find them:
Website
BitsForDigits and Uncapped have partnered to offer startup acquirers fast, tailored and flexible access to capital to fund acquisitions.