Emerald Acquires MJBiz, a Leading B2B Event and Content Platform for the Cannabis Industry January 4, 2022 Press Release Marketing, Mergers & Acquisitions, Press Releases 0 Comments Diversifies into Cannabis Industry for Immediate Expansion and Growth PRESS RELEASE NEW YORK, NY. (January 4, 2022) — Emerald Holding, Inc. (NYSE:EEX) (“Emerald” or the “Company”) today announced that it has completed the acquisition of MJBiz, the leading event producer… Read More→
Are you ready for an exit? November 15, 2021 Dave McManus Accounting, Mergers & Acquisitions 0 Comments Consolidation is a defining aspect of the cannabis industry in its current stage. Mergers and acquisitions are mounting at a breakneck pace: Viridian’s Deal Tracker counts 265 North American transactions YTD in 2021, compared to 71 in the same period… Read More→
Canopy Growth Announces Plan to Acquire Wana Brands, the #1 Cannabis Edibles Brand in North America October 14, 2021 Press Release Mergers & Acquisitions, Press Releases 1 Comment PRESS RELEASE Transaction Strengthens Canopy Growth’s U.S. Ecosystem and Increases U.S. Cannabis Market Exposure Upon Federal Permissibility Smiths Falls, Ontario, Canada & Boulder, Colorado, USA [Thursday, October 14, 2021] - Canopy Growth Corporation (“Canopy Growth” or “the Company”) (TSX: WEED,… Read More→
Cannabis M&A: Disclosure Schedules October 13, 2021 AggregatedNews Mergers & Acquisitions 0 Comments by Griffen Thorne, Attorney at Harris Bricken My last post in this series, which ran a few weeks ago, went over some of the more common representations and warranties you’d see in the average cannabis M&A transaction. In that post,… Read More→
Cannabis M&A: Common Closing Conditions August 30, 2021 AggregatedNews Mergers & Acquisitions 0 Comments by Griffen Thorne, Attorney @ Harris Bricken Most business purchase transactions we see in the cannabis space are structured to have a concept of “closing”, which I’ve described before here. Essentially, this means that the parties sign, there is some… Read More→
Medical marijuana sales sizzle in Pennsylvania, and the M&A market has been busy August 23, 2021 AggregatedNews Pennsylvania 0 Comments James Thomas’ hips began to bother him three or four years after he had joint replacement surgery. He turned to medical marijuana and is still testing out the right formulation. “I haven’t found the right marijuana yet,” the 69-year-old retired… Read More→
Cannabis M&A and Real Estate Transactions: What is a Closing? May 12, 2021 AggregatedNews Policy & Legal 0 Comments By Griffin Thorne, Attorney at Harris Bricken Virtually any time that there are transactions involving cannabis company mergers, cannabis company acquisitions, or cannabis real estate sales, and in many cases involving the sale of assets of a cannabis company, the… Read More→
Cannabis M&A – A Template for Success Part 3: The Due Diligence Process December 14, 2020 Erik Ott Mergers & Acquisitions, Spotlight 0 Comments In the third of a 3-part series, Erik Ott of Investment Bank KO Acquisitions examines the due diligence process and shares advice on how to drive a transaction to a successful conclusion. In Part 1 Ott focused on the requirements… Read More→
Cresco Labs Announces Mutual Agreement to Terminate Purchase Agreement With Tryke – Frees-Up $55 Million in Capital to Further Invest in Organic Growth Pipeline April 27, 2020 Press Release Banking, Finance & Real Estate, Mergers & Acquisitions 0 Comments PRESS RELEASE CHICAGO--(BUSINESS WIRE)-- Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or “the Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that it has reached a mutual agreement to terminate the purchase agreement dated… Read More→
Marketing a Cannabis Company for Sale, Part 4 March 18, 2019 Dena Jalbert Ancillary Businesses, Banking, Finance & Real Estate, Best Practices, Cannabis Investments 0 Comments Part 4: Confirm Deal Terms In the series “Marketing a Cannabis Company for Sale,” Dena Jalbert, walks through the nuances and intricacies involved in preparing a business for sale in the cannabis industry. This article, “Part 4: Confirm Deal Terms,” is… Read More→
Marketing a Cannabis Company for Sale, Part 3 March 11, 2019 Dena Jalbert Banking, Finance & Real Estate, Best Practices 0 Comments Part 3: Identify Profitability and Financial Trends In the series “Marketing a Cannabis Company for Sale,” Dena Jalbert walks through the nuances and intricacies involved in preparing a business for sale in the cannabis industry. This article, “Step 3: Identify Profitability and… Read More→
Marketing a Cannabis Company for Sale, Part 2 February 5, 2019 Dena Jalbert Ancillary Businesses, Banking, Finance & Real Estate, Best Practices, Cannabis Investments 0 Comments Step 2: Put Your Team in Place In the series “Marketing a Cannabis Company for Sale,” Dena Jalbert walks through the nuances and intricacies involved in preparing a business for sale in the cannabis industry. This article, “Step 2: Put Your… Read More→
Cannabis Industry Slow Rollouts and Consolidations to Drive Ancillary Partnerships, M&A November 5, 2018 Zachary Venegas Venegas Ancillary Businesses, Banking, Finance & Real Estate, The Buck Stops Here 0 Comments By: Zachary Venegas Analysts have predicted upwards of 20,000 business licenses and a potentially $21+ billion market in California alone by 2021. The massive growth implicit in such projections seems a far cry from the operating tempo of the legal… Read More→