Village Farms International Acquires 70% Stake in ROSE LifeScience

21 Invest France Acquires ProductLife Group

January 21, 2019

Healthcare Services

21 Invest France has acquired ProductLife Group, a regulatory affairs and pharmacovigilance outsourcing specialist serving pharmaceutical, biotech and medical device clients. The investment will support ProductLife’s international expansion and accelerate growth through external acquisitions, innovation and new service launches.

Sagard PE, Fondaction and Roynat Invest in Courchesne Larose Group

December 20, 2022

Food & Beverage

Sagard Private Equity Canada has made a significant growth investment in Courchesne Larose Group, joined by Fondaction and Roynat Equity Partners, to support the company's expansion beyond Quebec and the Maritimes. The Routhier Monette family and management remain shareholders, and the transaction is supported by several lenders including National Bank of Canada, CIBC, Scotiabank and Royal Bank of Canada.

Virtual Medical International Acquires FarmShare, LLC

November 30, 2020

Agriculture

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.

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.

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.

WindRose Health Investors Recapitalizes Lykan Bioscience Holdings

June 4, 2019

Biotechnology

WindRose Health Investors completed an equity recapitalization of Lykan Bioscience Holdings, LLC, a Hopkinton, Massachusetts-based contract manufacturing services organization focused on cell and gene therapy production and logistics. The investment provides capital to support growth and the build-out of a 60,000+ square foot cGMP facility to expand manufacturing capacity; terms were not disclosed.