4Front Ventures Acquires New England Cannabis Corporation

4Front Ventures Acquires Island Cannabis Co.

March 30, 2022

Consumer Products

4Front Ventures Corp. announced a definitive agreement to acquire all issued and outstanding shares of Island Cannabis Co., a California-based producer of pre-rolls, flower and concentrates. The acquisition is intended to accelerate 4Front's California expansion by integrating Island's brands and team into 4Front's large Commerce manufacturing facility to drive scale, reduce production costs and expand retail distribution.

Hydrobuilder Holdings Acquires New England Hydroponics

January 4, 2022

Retail

Hydrobuilder Holdings LLC acquired New England Hydroponics, adding five retail locations and warehouse capacity in Massachusetts and Maine and marking Hydrobuilder’s entry into the Northeastern U.S. The acquisition expands Hydrobuilder’s omnichannel footprint to 22 retail locations and 9 warehouses and is intended to accelerate growth in the Commercial and retail CEA (controlled-environment agriculture) markets.

Cresco Labs Acquires Cultivate in Massachusetts

September 3, 2021

Retail

Cresco Labs has closed its acquisition of Cultivate, a vertically integrated Massachusetts cannabis operator with three dispensaries and approximately 42,000 square feet of active cultivation canopy. The deal increases Cresco's in-state cultivation to ~64,000 square feet and expands its retail footprint in Massachusetts as part of a strategy to deepen presence in large, attractive state markets.

HEXO Corp Acquires 48North Cannabis Corp.

May 17, 2021

Consumer Products

HEXO Corp. agreed to acquire all outstanding common shares of 48North Cannabis Corp. in an all‑share plan of arrangement valued at approximately $50 million on an enterprise value basis. The deal is intended to strengthen HEXO’s position in the Canadian adult‑use market, diversify its product portfolio (including topicals and other CPG formats) and realize up to ~$12 million of annual synergies within one year of closing.

GrowGeneration Acquires The Harvest Company

May 25, 2021

Retail

GrowGeneration Corp. acquired The Harvest Company, a Northern California hydroponic supply center with stores in Redding and Trinity County, to expand its footprint in the Emerald Triangle cannabis market. The Harvest Company's 16 employees joined GrowGeneration and founder Robert Masterson will remain in an advisory role.

Canopy USA (Canopy Growth) Completes Acquisition of Acreage Holdings

December 9, 2024

Retail

Canopy USA, an affiliate of Canopy Growth Corporation, has completed its acquisition of Acreage Holdings, acquiring 100% of Acreage's outstanding shares. The transaction consolidates Canopy USA's U.S. cannabis assets (including Wana and Jetty) into a unified, brand-focused platform to realize cost synergies, expand retail and product reach across Midwestern and Northeastern U.S. markets, and accelerate growth in state-legal markets.