LeafLink Acquires Dama Financial's Banking Division
July 25, 2024
LeafLink has acquired the assets of Dama Financial's banking division as it expands into financial services for the cannabis industry. The deal (financial terms undisclosed) will enable LeafLink to integrate banking, payments and cash logistics into its wholesale cannabis technology platform, while Dama will rebrand non-acquired product lines to GrowFlow.
- Buyers
- LeafLink
- Targets
- Dama Financial (banking division)
- Sellers
- Dama Financial
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Divestiture
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