OUR 9TH YEAR OF PROVIDING PROPRIETARY CAPITAL MARKETS INTELLIGENCE ON THE CANNABIS / HEMP / PSYCHEDELIC SECTORS

M&A Transactions

M&A Transaction Chart

Viridian publishes weekly data on M&A transactions in the Cannabis/CBD/Psychedelic industries. This data includes information about the buyer and seller (public/private, state/country location), deal size, deal structure (cash, stock, earn-out), pricing, share information, and deal implied valuation.

Week ended 04/26/2024

Week ended 04/26/2024

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M&A Transactions Commentary

Viridian publishes weekly insights on the M&A landscape in the Cannabis/CBD/Psychedelic industries. These insights typically highlight the most interesting/meaningful M&A transactions for that week, and commentary on market conditions, M&A deal structures, target regions for acquirers, and industry sectors ripe for consolidation.

Week ended 04/26/2024

  • The Only Closed M&A Deal of the Week:
  • On April 22, 2024, Curaleaf (CURA: TSX) announced the closing of its acquisition of Northern Green Canada (“NGC”), an Ontario-based vertically integrated licensed cannabis producer focused primarily on expanding in the international market through its EU-GMP certification.
  • The acquisition will give Curaleaf a supply of high-quality quality, non-irradiated, indoor EU-GMP flower
  • NCG also provides an entry to the rapidly growing Australian market.
  • The transaction value of $16M was paid in Curaleaf stock with additional earnouts payable in 2025 based on 2024 performance.
  • Although no financials were disclosed on NGC, Curaleaf stated that the acquisition would be accretive.

Week ended 04/26/2024

This is the MA basic

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