Virtual Medical International Acquires FarmShare, LLC
November 30, 2020
Virtual Medical International Inc. agreed to acquire FarmShare, LLC, an industrial hemp cultivation and CBD processing operation based in La Grange, North Carolina, in a transaction composed of stock and cash. The deal comprises 1.5 million shares of common stock plus purchase of existing inventory for $866,750 via a promissory note; Virtual Medical said the acquisition gives it an immediate presence in the southeast U.S. and additional CBD production capacity.
- Buyers
- Virtual Medical International Inc.
- Targets
- FarmShare, LLC
- Industry
- Agriculture
- Location
- North Carolina, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Virtual Medical International Acquires Cherry Valley Growers and Adler Properties
May 14, 2021
Agriculture
Virtual Medical International, Inc. (OTC: QEBR) agreed to acquire Cherry Valley Growers, Inc., an industrial hemp cultivator and processor, along with Adler Properties, LLC (including an 11,560 sq ft warehouse) for $2.0 million in cash. The deal gives Virtual Medical expanded hemp cultivation acreage, processing/extraction capabilities and associated New York state hemp licenses to support its vertically integrated CBD/wellness strategy.
-
Village Farms International Acquires 70% Stake in ROSE LifeScience
November 15, 2021
Agriculture
Village Farms International acquired a 70% interest in Québec-based ROSE LifeScience for total consideration of up to C$46.7 million (C$19.9 million cash and C$26.8 million in Village Farms shares). ROSE — a vertically integrated cannabis cultivator, branded product supplier and third-party commercialization/distribution partner operating a Health Canada‑licensed 55,000 sq ft CEA facility in Huntingdon, Québec — becomes Village Farms’ Québec operational unit, with ROSE management retaining a 30% interest and remaining in their roles.
-
MediPharm Labs Corp. Acquires VIVO Cannabis Inc.
April 1, 2023
Pharmaceuticals
Effective April 1, 2023, MediPharm Labs Corp. completed an all-equity arrangement to acquire all outstanding shares of VIVO Cannabis Inc., making VIVO a wholly-owned subsidiary. Under the arrangement, former VIVO shareholders received 0.2910 MediPharm common shares per VIVO share and MediPharm issued approximately 107,930,964 shares as consideration; VIVO shares are expected to be delisted from the Toronto Stock Exchange.
-
Cannabinoid Biosciences Acquires CannabidiolHemp
November 25, 2019
Consumer Products
Cannabinoid Biosciences, Inc., a California-based biopharmaceutical subsidiary of Kid Castle, has acquired CannabidiolHemp (CannabidiolHemp.net), a CBD quality aggregator and validator. The purchase is the first of multiple planned acquisitions intended to build a vertically integrated CBD distribution and supply-chain business across the United States and Canada.
-
Nexus Agriscience Acquires Hemp Division and IP Portfolio from Biotech Institute
January 27, 2026
Biotechnology
Nexus Agriscience has acquired the hemp division and intellectual property portfolio of Biotech Institute, internalizing genetics, germplasm, and research talent to expand its molecular farming platform. The transaction brings issued and pending patents, proprietary germplasm, seed inventory, and key personnel into Nexus to accelerate development of hemp-derived natural ingredients for flavor, fragrance, and functional markets.
-
Vertical Wellness Merges with CanaFarma Hemp Products Corp.
June 30, 2021
Consumer Products
Vertical Wellness has entered into a merger with publicly listed CanaFarma Hemp Products Corp., creating a combined company that will operate under the CanaFarma corporate entity while keeping the Vertical Wellness brand. Vertical Wellness management will run the combined business, which the companies say creates a public platform (valued at over $50 million at announcement) to scale a portfolio of CBD and hemp-related consumer brands and services.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.