Kona Gold Beverage, Inc. Acquires Covert LLC

Keurig Dr Pepper Acquires Majority Stake in GHOST for $1.65B

October 24, 2024

Food & Beverage

Keurig Dr Pepper (KDP) agreed to acquire a 60% stake in GHOST (GHOST Lifestyle LLC and GHOST Beverages LLC) for roughly $990 million, with plans to purchase the remaining 40% by 2028 for a total transaction value of $1.65 billion. The founders will remain in leadership, and KDP expects to integrate GHOST into its U.S. refreshment beverages segment and leverage its distribution network to scale the energy drink and sports nutrition brand.

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 Acquires Collective Project Limited to Enter U.S. Hemp-Derived THC Beverage Market

April 1, 2025

Food & Beverage

Organigram Global Inc. acquired 100% of Collective Project Limited for approximately C$6.2 million upfront, with milestone and earnout payments linked to future beverage revenue that could bring total contingent consideration to C$24 million. The deal gives Organigram an immediate footprint in the U.S. hemp-derived THC beverage market and accelerates its entry into the cannabis beverage category in Canada by adding Collective Project’s ready-to-drink hemp/cannabis beverage portfolio and existing U.S. retail listings.

Greenlane Holdings to Acquire KushCo in All-Stock Merger

March 31, 2021

Healthcare Services

Greenlane Holdings, Inc. (NASDAQ: GNLN) and KushCo Holdings, Inc. (OTCQX: KSHB) entered into a definitive merger agreement in which KushCo will become a wholly-owned subsidiary of Greenlane. Under the terms of the deal, KushCo stockholders will receive about 0.2546 shares of Greenlane Class A common stock for each KushCo share, implying KushCo holders will own roughly 49.9% of the combined company.

Koios Beverage Corp. Acquires Retox Beverage Corp.

April 5, 2022

Food & Beverage

Koios Beverage Corp. signed a definitive agreement to acquire all issued and outstanding securities of Retox Beverage Corp., a privately held producer of creative soft beverages, sodas and seltzers focused on the bar-mix market. Consideration for the acquisition is 15,000,000 units of Koios (deemed $0.10 per unit, aggregate $1.5 million); the transaction is subject to customary closing conditions and regulatory approvals.

Kava Equity Partners Acquires The Berg Group

February 26, 2026

Construction

Kava Equity Partners, the direct private equity investment arm of the Southern Ute Indian Tribe Growth Fund, has acquired The Berg Group, a Minnesota-based specialty contractor focused on industrialized construction, prefabrication and modular systems. The Berg will retain its existing management team and operate with added resources from Kava and the Southern Ute Indian Tribe Growth Fund to expand nationwide capabilities in high-performance environments such as data centers, cleanrooms and advanced manufacturing facilities.