Harvest Health & Recreation Acquires Arizona Natural Selections

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.

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.

Curaleaf Acquires Natural Remedy Patient Center (Safford, AZ)

December 23, 2021

Retail

Curaleaf Holdings, Inc. entered into a definitive agreement to acquire Natural Remedy Patient Center, a dispensary in Safford, Arizona, in a cash-and-stock transaction valued at approximately US$13 million. The deal (US$12M cash and US$1M in Curaleaf subordinate voting shares) is expected to close in January 2022 and expands Curaleaf's Arizona retail footprint while enabling a planned relocation to a flagship Scottsdale site.

Arizona Natural Resources (CORE Portfolio) Acquires HealthSpecialty

December 17, 2021

Manufacturing

CORE Industrial Partners’ portfolio company Arizona Natural Resources (ANR) has acquired HealthSpecialty, a Santa Fe Springs, California-based contract manufacturer of premium skin, body and hair care products. The add-on expands ANR’s manufacturing footprint, R&D/formulation capabilities and product portfolio in the premium skincare and personal care markets.

GrowGeneration Acquires Hydroponics Depot

October 12, 2020

Retail

GrowGeneration Corp. acquired Hydroponics Depot, Phoenix’s largest indoor and outdoor garden center, marking GrowGen’s entry into Arizona and expanding its retail footprint to 29 stores across 11 states. The acquisition provides GrowGeneration exposure to Arizona’s growing medical and potential recreational cannabis market; Hydroponics Depot reported year-to-date sales in excess of $5 million and ~50% year-over-year growth.

NutraNomics to Acquire The Plant (DHS Development Inc.)

January 20, 2022

Manufacturing

NutraNomics, Inc. (OTC: NNRX), a Gladstone, Oregon-based nutraceuticals company, entered a binding letter of intent to acquire the assets, IP and key personnel of DHS Development Inc., doing business as The Plant, a contract cannabis processor in Desert Hot Springs, California. The acquisition is intended to expand NutraNomics’ processing, product diversity and R&D capabilities as part of its broader growth strategy; closing was targeted for February 2022 pending due diligence.