NUGL Inc. Acquires Kaya, Jamaica-Based Medical Cannabis Company
April 5, 2022
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.
- Buyers
- NUGL Inc.
- Targets
- Kaya Inc.
- Industry
- Healthcare Services
- Location
- Saint Ann Parish, Jamaica
- Transaction Type
- Buyout
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