Organigram Acquires Collective Project Limited to Enter U.S. Hemp-Derived THC Beverage Market

Organigram Holdings Inc. Acquires Laurentian Organic Inc.

December 21, 2021

Consumer Products

Organigram Holdings Inc. acquired all of the issued and outstanding shares of Laurentian Organic Inc. in a cash-and-share transaction with aggregate upfront consideration of CAD 36 million plus potential earnouts. The acquisition brings the Tremblant Cannabis and Laurentian craft brands into Organigram’s portfolio, strengthens its presence in Quebec, and expands its premium/hash product offering to accelerate revenue and EBITDA growth.

Monster Beverage Corporation Acquires CANarchy Craft Brewery Collective

January 13, 2022

Food & Beverage

Monster Beverage Corporation agreed to acquire CANarchy Craft Brewery Collective LLC for $330 million in cash. CANarchy — a collective of craft beer and hard seltzer brands including Cigar City, Oskar Blues, Deep Ellum and others — will operate independently under its existing management and the deal excludes CANarchy's stand-alone restaurants; the transaction was expected to close in Q1 2022 subject to customary approvals.

Organigram Holdings Acquires Motif Labs Ltd.

December 6, 2024

Consumer Products

Organigram Holdings Inc. acquired 100% of Motif Labs Ltd. for $90 million upfront consideration (C$50M cash and C$40M in Organigram common shares) plus up to C$10M contingent share consideration. The acquisition gives Organigram #1 market share in the Canadian recreational cannabis market, adds Motif's extraction and high‑volume vape/IPR manufacturing capabilities and a Southwestern Ontario distribution hub, and is expected to deliver >C$10M of cost synergies over ~24 months.

Craft Collective and Homegrown Distribution Merge to Form Craft Collective Homegrown

January 6, 2025

Food & Beverage

Craft Collective and Homegrown Distribution have merged to form Craft Collective Homegrown (CCHGD), combining their beverage portfolios and operations to expand distribution and service across Massachusetts and Rhode Island. The combined business will operate from a 40,000 sq. ft. facility in Bellingham, MA and a 15,000 sq. ft. facility in Warwick, RI, enhancing logistics, cold-chain capabilities, and product selection for retail and restaurant customers.

Sproutly Acquires Assets of CannaHive Inc.

August 16, 2021

Food & Beverage

Sproutly Canada, Inc. has acquired the primary assets of CannaHive Inc., giving Sproutly pharmaceutical-grade, fully automated equipment to produce cannabis edibles (gummies and chocolates) at scale. The asset acquisition gives Sproutly in-house manufacturing capability and improved economics to support a national launch of its whole-plant confectionary products in Canada.

Scandia Inc. Acquires Majority Stake in Xtreme Organics Inc.

June 17, 2021

Food & Beverage

Scandia Inc. (OTC: SDNI) has acquired a majority equity stake in Xtreme Organics Inc. to expand into the medicinal chemicals and botanical products market, including USDA-certified organic hemp supplements and CBG sports beverages. The acquisition brings Xtreme Organics' product portfolio and athlete-focused partnerships under Scandia's public company platform to support U.S. market growth and future expansion into Canada and Latin America.