Flora Growth Acquires JustCBD

Flora Growth Corp Acquires Franchise Global Health Inc.

December 23, 2022

Pharmaceuticals

Flora Growth Corp. (NASDAQ: FLGC) completed the acquisition of all issued and outstanding shares of Franchise Global Health Inc. (TSXV: FGH) on December 23, 2022 via a statutory plan of arrangement, issuing 43,525,951 Flora common shares to FGH shareholders. FGH is a multi-national medical cannabis and pharmaceutical operator with principal operations in Germany that services more than 1,200 pharmacies; the deal provides Flora an operational footprint in Germany and expanded distribution capability into the European Union.

JARS Cannabis Acquires Euflora LLC

November 7, 2022

Retail

Privately held JARS Cannabis has entered into a definitive agreement to acquire Euflora LLC, adding six recreational dispensaries and a 7,200 sq. ft. cultivation center and greenhouse in Colorado. The deal expands JARS' retail footprint to 26 storefronts across three states, increases product assortment and customer reach, and is intended to drive operational and retail synergies in core recreational markets.

GrowGeneration Acquires Assets of Chlorophyll, Inc.

January 22, 2019

Retail

GrowGeneration Corp. purchased all assets of Chlorophyll, Inc., a large hydroponic retail and warehouse operation in Denver, Colorado, adding the store as its sixth Colorado location. The acquisition adds roughly $8 million of revenue and retains founders Beau Speicher and Lee McCall in sales and business development roles.

GrowGeneration Corp. Acquires Healthy Harvest (Florida)

February 26, 2020

Retail

GrowGeneration Corp. purchased the assets of Florida-based Healthy Harvest, adding approximately $12.0 million in annual revenue and a 15,000+ sq. ft. warehouse/retail location. The Healthy Harvest owners will remain with the business as Director of Southeast Region and Director of Latin American Markets, extending GrowGeneration's footprint into Florida, Puerto Rico, the Caribbean and South America.

Aurora Cannabis Acquires Reliva LLC

May 28, 2020

Consumer Products

Aurora Cannabis Inc. completed the acquisition of Reliva, LLC, a leading U.S. hemp-derived CBD consumer brand, in a transaction valued at approximately US$40 million in Aurora common shares plus an earn-out of up to US$45 million. The deal gives Aurora immediate U.S. retail CBD scale and distribution (Reliva products are sold in over 20,000 stores) and aims to combine Aurora's product innovation and international footprint with Reliva's U.S. retail relationships to accelerate growth.

The Flowr Corporation Acquires Terrace Global Inc.

October 19, 2020

Consumer Products

The Flowr Corporation (TSXV: FLWR) will acquire all outstanding common shares of Terrace Global Inc. (TSXV: TRCE) in a court‑approved plan of arrangement in a share‑based transaction valuing Terrace at approximately $63 million. The deal (0.4973 Flowr shares per Terrace share, implied $0.22 per Terrace share) is intended to strengthen Flowr's international presence and create a vertically integrated cannabis platform with enhanced liquidity and reduced indebtedness.