M&A Deal Summary

MediPharm Labs Acquires Shelter Cannabis

On March 22, 2022, MediPharm Labs acquired consumer products company Shelter Cannabis

Acquisition Highlights
  • This is MediPharm Labs’ 1st transaction in the Consumer Products sector.
  • This is MediPharm Labs’ 1st transaction in Canada.
  • This is MediPharm Labs’ 1st transaction in Saskatchewan.

M&A Deal Summary
Date 2022-03-22
Target Shelter Cannabis
Sector Consumer Products
Buyer(s) MediPharm Labs
Deal Type Add-on Acquisition

Target

Shelter Cannabis

Macklin, Saskatchewan, Canada
website
Shelter Cannabis is a provides processing, packaging, and branding of cannabis products. Shelter Brands is a consumer-focused brand and packaging development company offering quality cannabis pre-rolls and vape pens under brand names such as Wildlife, Journey, Botany, and Wayfarer. Shelter Cannabis is based in Macklin, Saskatchewan.

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Buyer(S) 1

Buyer

MediPharm Labs

Barrie, Ontario, Canada

website

Category Company
Founded 2015
Sector Life Science
Employees204
Revenue 22M CAD (2022)
DESCRIPTION

MediPharm Labs is specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products utilizing a Good Manufacturing Practices certified facility with ISO standard-built clean rooms. MediPharm Labs was founded in 2015 and is based in Barrie, Ontario.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Saskatchewan) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
Mergr

Product

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