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 09/08/2023
Week ended 09/08/2023
This Section is Only Available to Higher Tier Memberships
Please Purchase a Premium or Enterprise membership to see more.
M&A Transactions Commentary
Week ended 09/08/2023
- The Only Closed M&A Deal of the Week:
- On September 5, 2023, PowerFund Partners, through its subsidiary CGSF Investments, purchased Tilt Holdings’ subsidiaries, SFNY Holdings and Standard Farms New York LLC, for $1.4M in cash.
- The purchase gives PowerFund a 75% interest in CGSF Group LLC, which was formed to establish vertical cannabis operations on the Shinnecock Nations tribal territory on Long Island, New York. Conor Green Consulting LLC will continue to own the remaining 25% of CGSF Group.
- Tilt partnered with the Shinnecock Nation in August 2021 to help establish the Little Beach Harvest, the first tribal-owned and operated cannabis dispensary on Long Island.
- The dispensary is nearing completion and is scheduled to open in Fall 2023.
Week ended 09/08/2023
This is the MA basic
Additional content is available to Premium and Enterprise users. Please purchase a higher tier membership to see more.
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.