M&A Deal Summary

Terra Tech Acquires Golden Leaf Holdings

On November 5, 2018, Terra Tech acquired agriculture company Golden Leaf Holdings

Acquisition Highlights
  • This is Terra Tech’s 2nd transaction in the Agriculture sector.
  • This is Terra Tech’s 1st transaction in Canada.
  • This is Terra Tech’s 1st transaction in Ontario.

M&A Deal Summary
Date 2018-11-05
Target Golden Leaf Holdings
Sector Agriculture
Buyer(s) Terra Tech
Deal Type Merger

Target

Golden Leaf Holdings

Toronto, Ontario, Canada
website
Golden Leaf Holdings Ltd. is a Canadian company with operations in multiple jurisdictions including Oregon, Nevada and Canada, with cultivation, production and retail operations built around recognized brands. Golden Leaf distributes its products through its branded Chalice Farms retail dispensaries, as well as through third party dispensaries. Golden Leaf’s cannabis retail operations and products are designed with the customer in mind, focused on superlative in-store experience and quality products.

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Buyer(S) 1

Buyer

Terra Tech

irvine, California, United States

website

Category Company
Founded 2010
Sector Agriculture
Employees60
Revenue 48M USD (2021)
DESCRIPTION

Terra Tech operates through multiple subsidiary businesses including: Blüm, IVXX Inc., Edible Garden, and MediFarm LLC. Blüm’s retail and medical cannabis facilities provide the highest quality medical cannabis to patients who are looking for alternative treatments for their chronic medical conditions as well as premium cannabis to the adult-use market in Nevada and California. Blüm offers a broad selection of cannabis products including; flowers, concentrates and edibles through its Oakland, CA and multiple Nevada locations. IVXX, Inc. is a wholly-owned subsidiary of Terra Tech that produces cannabis-extracted products for regulated medical cannabis dispensaries throughout California and medical and adult-use dispensaries in Nevada. The Company’s wholly-owned subsidiary, Edible Garden, cultivates a premier brand of local and sustainably grown hydroponic produce, sold through major grocery stores such as ShopRite, Walmart, Ahold, Aldi, Meijer, Kroger, Stop & Shop and others nationwide. Terra Tech was founded in 2010 and is based in Irvine, California.

DEAL STATS #
Overall 3 of 6
Sector (Agriculture) 2 of 2
Type (Merger) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-12 Black Oak Gallery

Oakland, California, United States

Black Oak Gallery (dba Blum Oakland) is a retail medical cannabis dispensary.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-13 Blüm Reno Dispensary

Reno, Nevada, United States

Blüm Reno Dispensary is a fully licensed and state compliant cannabis retailer proudly serving NV and CA.

Buy -
Mergr

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