Apple Rush Co. Acquires Pursuit Hemp Farms

Apple Rush Company Acquires Majority Interest in ACS Enterprises and Earth Lube

April 28, 2022

Manufacturing

The Apple Rush Company, Inc., through its wholly owned subsidiary Apple Rush Manufacturing LLC, acquired an 80% interest in Michigan-based ACS Enterprises, LLC and its wholly owned subsidiary Earth Lube LLC. The acquisition provides Apple Rush with plant-based chemical and specialty lubricant manufacturing capabilities — including a copper plating additive and a cannabis mold inhibitor — to expand its plant-based product portfolio and manufacturing footprint.

HempFusion Acquires Apothecanna

May 17, 2021

Consumer Products

HempFusion Wellness Inc. has acquired 100% of APCNA Holdings LLC (Apothecanna) for initial consideration of US$15.0 million, with up to US$10.0 million in additional milestone payments tied to revenue targets. The deal expands HempFusion's retail distribution (adding ~1,800 stores including CVS), bolsters its e-commerce presence, and is immediately accretive based on Apothecanna's ~US$3.8–4.0 million 2020 revenue.

Nexus Agriscience Acquires Hemp Division and IP Portfolio from Biotech Institute

January 27, 2026

Biotechnology

Nexus Agriscience has acquired the hemp division and intellectual property portfolio of Biotech Institute, internalizing genetics, germplasm, and research talent to expand its molecular farming platform. The transaction brings issued and pending patents, proprietary germplasm, seed inventory, and key personnel into Nexus to accelerate development of hemp-derived natural ingredients for flavor, fragrance, and functional markets.

Prima Acquires Prospect Farms to Form Uplifter Brands

December 13, 2022

Consumer Products

Prima has acquired Prospect Farms, a vertically integrated USDA Certified Organic hemp farm and manufacturing complex in Prospect, Maine, and together the businesses will operate as Uplifter Brands, PBC. The deal gives Prima in-house cultivation, formulation and fulfillment capabilities to accelerate growth across personal care, supplements, spa/hospitality and pet wellness and is backed by strategic investors including Maximalist, Greycroft, Lerer Hippeau, Global Founders Capital, Ropart Asset Management and Platform Ventures.

CBD Unlimited Acquires Kush, Inc.

March 5, 2020

Marketing & Advertising

CBD Unlimited, Inc. (formerly Endexx Corporation) has acquired New York-based branding and development firm Kush, Inc., adding Kush's marketing, branding and Kushwear apparel capabilities to its product pipeline. The acquisition brings Kush founder Charlie Mohr into CBD Unlimited full-time and is intended to expand CBD Unlimited's marketing, sustainable apparel and product development capabilities as the company pursues new markets.

Generation Hemp Acquires Halcyon Thruput, LLC for ~$5.1 Million

March 9, 2020

Agriculture

Generation Hemp, Inc. has signed definitive agreements to acquire 100% of the assets/ownership interest of Halcyon Thruput, LLC for approximately $5.1 million (paid $2.5M in restricted common stock and $2.6M in cash), with additional contingent consideration payable to the parent OZC Agriculture Ky, LP. Halcyon operates a 48,000 sq. ft. hemp post‑harvest facility in Hopkinsville, Kentucky (processing ~10,000 wet pounds/hour) and projects about $10 million revenue for calendar year 2020; the co‑founders will remain as employees under multi‑year agreements.