Kiaro Holdings Acquires Sculthorp SEO Inc. (Cozy Cannabis)

Curaleaf Holdings Acquires Northern Green Canada

March 19, 2024

Pharmaceuticals

Curaleaf Holdings, Inc. has signed a deal to acquire Northern Green Canada, an EU-GMP certified Canadian licensed cannabis producer, to secure high-quality indoor EU-GMP flower supply and bolster Curaleaf's European and Australasian expansion. The acquisition is expected to close in Q2 2024 pending regulatory approvals and will strengthen Curaleaf's supply chain for key markets including Germany, Australia/New Zealand and the U.K.

Canopy Growth Acquires The Supreme Cannabis Company

April 8, 2021

Consumer Products

Canopy Growth Corporation agreed to acquire all outstanding shares of The Supreme Cannabis Company in an all‑share arrangement valuing the transaction at approximately C$435 million on a fully diluted basis. The deal adds Supreme’s premium brands (including 7ACRES) and a scalable Kincardine cultivation facility to Canopy’s portfolio, strengthening Canopy’s Canadian market position and providing operational and brand synergies.

NUGL Inc. Acquires Kaya, Jamaica-Based Medical Cannabis Company

April 5, 2022

Healthcare Services

NUGL Inc. completed an all-stock acquisition of Kaya Inc., a vertically integrated medical cannabis operator headquartered in Ocho Rios, Jamaica. Kaya shareholders received restricted NUGL shares, Bali Vaswani was named CEO of the combined company, and the deal gives NUGL cultivation, processing and retail capabilities as it expands into U.S. and Caricom markets.

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.

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.

Creso Pharma Acquires Sierra Sage Herbs

February 7, 2022

Consumer Products

Australian-listed Creso Pharma Limited has acquired U.S.-based Sierra Sage Herbs, the maker of Green Goo, Southern Butter and Good Goo, for an upfront payment of $21 million plus additional performance-based payments. The acquisition gives Creso an immediate entry into the U.S. natural personal-care and CBD markets and adds a portfolio of established retail and direct-to-consumer consumer products to Creso's cannabis- and hemp-based product lines.