Vertical Wellness Acquires The Organic Candy Factory

Vertical Wellness Merges with CanaFarma Hemp Products Corp.

June 30, 2021

Consumer Products

Vertical Wellness has entered into a merger with publicly listed CanaFarma Hemp Products Corp., creating a combined company that will operate under the CanaFarma corporate entity while keeping the Vertical Wellness brand. Vertical Wellness management will run the combined business, which the companies say creates a public platform (valued at over $50 million at announcement) to scale a portfolio of CBD and hemp-related consumer brands and services.

Virtual Medical International Acquires Cherry Valley Growers and Adler Properties

May 14, 2021

Agriculture

Virtual Medical International, Inc. (OTC: QEBR) agreed to acquire Cherry Valley Growers, Inc., an industrial hemp cultivator and processor, along with Adler Properties, LLC (including an 11,560 sq ft warehouse) for $2.0 million in cash. The deal gives Virtual Medical expanded hemp cultivation acreage, processing/extraction capabilities and associated New York state hemp licenses to support its vertically integrated CBD/wellness strategy.

HempFusion Wellness Acquires Sagely Naturals

July 7, 2021

Consumer Products

HempFusion Wellness Inc. has completed its acquisition of Sagely Enterprises, Inc. (Sagely Naturals), bringing the premium CBD brand and its distribution in more than 14,000 retail locations into HempFusion's portfolio. The all‑stock-and-cash transaction values the initial consideration at US$25.0 million with up to a US$5.0 million revenue-based earnout, and is expected to materially expand HempFusion's revenue and retail footprint.

UAPC INC. Acquires RVD Wellness, LLC

January 19, 2021

Consumer Products

UAPC INC. announced a share exchange agreement to acquire RVD Wellness, LLC (dba RVDCBD.com), making the CBD product company a wholly owned subsidiary. The deal coincides with the appointment of Rob Van Dam as UAPC's Chairman as the company moves to expand its cannabis/hemp product lines and distribution.

Bayou City Hemp Company Acquires LeafLife Wellness

June 18, 2020

Consumer Products

Bayou City Hemp Company, Inc., a Houston-based hemp processing and extraction company, has completed the acquisition of Leaf Life, Inc. (LeafLife Wellness), a Dallas-based CBD retail company that formulates, manufactures and distributes CBD-infused skincare, cosmetics and wellness products. The acquisition vertically integrates Bayou City Hemp’s supply chain—LeafLife will use Bayou City Hemp distillate and isolate—and expands the acquirer’s retail, white-label and online distribution capabilities; the deal is expected to be accretive to earnings.

Ferrara Candy Company to Acquire Jelly Belly Candy Company

October 18, 2023

Food & Beverage

Ferrara Candy Company, through its lead holding company CTH Invest, has agreed to acquire Jelly Belly Candy Company. The deal (terms undisclosed) will bring nearly 800 Jelly Belly employees and facilities in California, Illinois, and Thailand into Ferrara's portfolio; the transaction is expected to close by the end of 2023.