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 09/01/2023

Week ended 09/01/2023

This Section is Only Available to Higher Tier Memberships

Please Purchase a Premium or Enterprise membership to see more.

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 09/01/2023

  • The Largest M&A Deal of the Week:
  • On August 28, 2023, Silo Wellness (SLFF: OTCQB), which currently offers psilocybin wellness retreats in Jamaica, completed its acquisition of NUGL Inc. (NUGL: OTC)/Kaya Group for consideration of $26.9M in stock.
  • The consideration represents approximately 10.45x NUGL’s annualized revenues.
  • Kaya Group owns three Herb House retail locations, a wellness center, and one of the country’s first legal medical marijuana dispensaries, along with operations that develop and process psilocybin mushrooms. NUGL operates a platform that offers targeted networking and advertising for cannabis companies.

Week ended 09/01/2023

This is the MA basic

Additional content is available to Premium and Enterprise users. Please purchase a higher tier membership to see more.