acquisitions Archives

Jack SmithMarch 27, 2018

Activist investor CannaRoyalty (CNNRF) is at it again, making another acquisition in the cannabis space, this time announcing its intent to acquire all of River Distribution, California’s largest cannabis retail network. The move is a bold step for the Marc Lustig-led company, giving it access to a large network and significantly growing its revenue. In 2017, […]

Debra BorchardtFebruary 27, 2018

NewBridge Global Ventures, Inc. (NBGV) announced that it has acquired cannabis education company Elevated Portfolio Holdings, LLC in an all-stock transaction. Elevated Education, Inc. will acquire the assets of Elevated in exchange for 2,000,000 shares of company common stock. Elevated Portfolio is a company that offers medically focused education modules for physicians and clinicians as […]

StaffFebruary 26, 2018

Friday Night Inc. (TGIFF) last week terminated its decision to buy Body & Mind Inc. (BAM) and this week announced it was acquiring Spire Secure Logistics instead. Friday Night had entered into an all-stock agreement valued at C$115 million to acquire BAM, but then issued an announcement that both parties agreed to terminate the deal. Body […]

Debra BorchardtJanuary 3, 2018

Every week it seems there is a new twist and turn to the Aurora Cannabis (ACBFF) hostile takeover of CanniMed Therapeutics (CMMDF). Yesterday after the market close, Aurora announced it acquired an additional 116,000 shares of CanniMed in the open market. Today it appealed to CanniMed’s shareholders by characterizing the latest Newstrike supply agreement as […]

Jack SmithDecember 28, 2017

Privateer Holdings announced it has acquired The Goodship, an iconic brand of cannabis edibles, to boost its offerings as consumers increase their appetite for cannabis-infused goods. Founded just three years ago by entrepreneur Jody Hall, The Goodship has gained national attention for its products, appearing in a number of websites, including Vice, Forbes and Money Magazine. […]

Debra BorchardtDecember 5, 2017

Aurora Cannabis Inc. (ACBFF) announced it has completed its deal to acquire Larssen Ltd and H2 Biopharma as previously announced on November 23. The Larssen deal is on track to record C$6 million in fiscal 2018 and will be immediately accretive for Aurora. Larssen is a greenhouse engineering and design consultancy firm that has been […]

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Tag: acquisitions

CannaRoyalty Continues Its Spending Spree, Acquiring River Distribution

NewBridge Global, SinglePoint Make Deals

Friday Night Ends One Deal, Starts Another

Aurora Calls CanniMed’s Newstrike Agreement ‘Bizarre’

Privateer Holdings Acquires The Goodship, Boosting Edibles Exposure

Aurora Cannabis Closes On Larssen, H2 Biopharma Deals

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Lykos Therapeutics Secures $100M in Series A Funding, Rebrands from MAPS PBC

Functional Mushrooms Move Into Mainstream as Wellness Trend Grows

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