Cannabis M&A

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) is purchasing Acreage Holdings Inc.’s (OTC: ACRGF) Florida operations. Under the deal with Acreage’s subsidiary, High Street Capital Partners LLC, the Toronto-based company agreed to acquire all of the issued and...

Parallel is poised to go public after agreeing to a $1.9 billion sale. Ceres Acquisition Corp. (OTCQX: CERAF), a special purpose acquisition corporation (SPAC), has acquired the Atlanta-based brand with the intention of creating a new publicly-traded company.  A group of investors,...

Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) has partnered with American Acres Managers to expand across California, Arizona, and Nevada. The move came on the heels of its recent debut on the Nasdaq Stock Market. The Toronto-based company agreed to license its Fire & Flower...

MindMed (NEO: MMED) (OTCQB: MMEDF) agreed to buy HealthMode, an artificial intelligence medicine company, in a CA$41.56 million (US$32.5 million) stock and cash deal. The psychedelic biotech company confirmed Thursday it will acquire a digital medicine and therapeutics startup that relies...

PacRoots Cannabis Corp. agreed to buy cannabis and motorcycle lifestyle brand and apparel company Lords of Grasstown. Under the share purchase agreement, the Vancouver-based company opted to purchase all the issued and outstanding shares of Grasstown Holdings Ltd. for $50,000. The sum is...

HEXO Corp. (TSX: HEXO) (NYSE: HEXO) confirmed Tuesday it will buy Zenabis Global Inc. (TSX: ZENA) for $235 million in an all-stock transaction. Both companies agreed to the acquisition by way of a court-authorized plan of arrangement under the Business Corporation Act. Zenabis shareholders will...

Neptune Revenue Declines 63% YoY, Shifts To CPG And Branded Products Global health and wellness company Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT) revealed Monday its third-quarter financial results, on the heels of announcing the purchase of a 50.1% stake in baby food and...

BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) is taking over a Canadian producer of beverages and consumer products. The Vancouver manufacturer of cannabinoid-infused beverages has entered into an amended and restated agreement to acquire Naturo Group Inc. The move is a step closer to...

Cannabis company Gaby Inc. (CSE: GABY) (OTCQB: GABLF) has raised CA$12.5 million ($9.74 million) in financing, which it plans to put toward completing an acquisition. The Sonoma County, California-based company completed two private placements: a brokered private placement of the company...

Power REIT (NYSE-AMEX: PW) has obtained a greenhouse cannabis cultivation facility in California for $7.685 million. The Old Bethpage, New York-based real estate investment rrust purchased a 37,000 square-foot property in Riverside County for $2.685 million in cash and some 192,308...

The Viridian Cannabis Deal Tracker is an information service that monitors capital raise and M&A activity in the legal cannabis industry. Each week the Tracker analyzes/aggregates all closed deals and allocates each transaction to one of twelve key industry sectors in which the deal occurred (...

Media company 4CableTV International Inc (PINK: CATV) has qualified for Pink Current Information status on OTCMarkets.com. To be eligible, 4Cable must subscribe to the OTC Disclosure & News Service and submit its disclosures in accordance with OTC Market filings and OTC...

Springbig, a provider of CRM software for cannabis dispensaries and brands, has acquired BudTender. Terms of the deal are undisclosed. BudTender brings more than 200 clients to Springbig's customer base, boosting its list of retail partners to more than 1,900. In addition, cannabis...

GrowGeneration Corp. (NASDAQ: GRWG) confirmed Monday a second acquisition for 2021. The company purchased Grow Depot, a two-store chain in Auburn and Augusta, Maine. The financial details of the deal weren’t released. In January, GrowGeneration agreed to buy Washington-based Indoor...

PureK Holdings Corp‎. (TSX: PKAN) is taking over skincare and beauty company No B.S. Life LLC. Under the deal, the Vancouver-based company agreed to pay $500,000 in cash, plus a refundable deposit in the amount of $1.5 million. PureK will pay an additional $1 million in...