Organigram Global Acquires Sanity Group GmbH

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.

GrowerIQ Acquires Ample Organics from Akerna

January 15, 2024

Software

Toronto-based GrowerIQ has acquired fellow cannabis software provider Ample Organics from U.S.-based Akerna in an all-cash deal that closed in December; financial terms were not disclosed. The acquisition brings Ample's seven employees onto GrowerIQ's ~25-person team and combines two seed-to-sale ERP platforms to create what GrowerIQ calls the largest cannabis tech platform in Canada (and a stronger position in Europe).

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.

GrowGeneration Acquires San Diego Hydroponics & Organics

February 23, 2021

Retail

GrowGeneration Corp. (GrowGen) acquired San Diego Hydroponics & Organics, a four-store chain of hydroponic, organic and aquaponics garden centers in San Diego County, California. The acquisition adds roughly 20 employees and more than 20,000 square feet of retail space to GrowGen’s nationwide footprint, bringing the company to 50 stores and expanding its presence in Southern California.

Dr. Reddy's Laboratories to Acquire Nimbus Health GmbH

February 22, 2022

Healthcare Services

Dr. Reddy's Laboratories has entered into a definitive agreement to acquire German medical cannabis pioneer Nimbus Health GmbH. The acquisition will be completed for an upfront payment plus performance and milestone-based earn-outs, with Nimbus Health operating as a wholly owned subsidiary of Dr. Reddy's under its existing brand.

Organigram Holdings Acquires Motif Labs Ltd.

December 6, 2024

Consumer Products

Organigram Holdings Inc. acquired 100% of Motif Labs Ltd. for $90 million upfront consideration (C$50M cash and C$40M in Organigram common shares) plus up to C$10M contingent share consideration. The acquisition gives Organigram #1 market share in the Canadian recreational cannabis market, adds Motif's extraction and high‑volume vape/IPR manufacturing capabilities and a Southwestern Ontario distribution hub, and is expected to deliver >C$10M of cost synergies over ~24 months.