Flora Growth Corp Acquires Franchise Global Health Inc.

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.

Flora Growth Acquires JustCBD

February 28, 2022

Consumer Products

Flora Growth Corp. acquired 100% of the equity interests in Just Brands LLC and High Roller Private Label LLC (owners of the JustCBD brand) for $16.0 million in cash plus 9.5 million Flora common shares. The acquisition adds a Fort Lauderdale manufacturing and distribution operation, a DTC business with ~300,000 customers and wholesale placement in over 14,000 stores, and is intended to accelerate Flora's U.S. CPG growth and distribution synergies.

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 HGS Hydro

July 28, 2021

Retail

GrowGeneration Corp. signed an asset purchase agreement to acquire HGS Hydro, the third-largest chain of hydroponic garden centers in the U.S., adding six existing Michigan stores (with a seventh opening soon). The acquisition will increase GrowGeneration's Michigan footprint and bring its total store count to 65, and is expected to close before GrowGeneration's fiscal year-end 2021.

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.

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.