M&A Deal Summary

iAnthus Acquires MPX Bioceutical

On October 18, 2018, iAnthus acquired consumer products company MPX Bioceutical for 835M USD

Acquisition Highlights
  • This is iAnthus’ 1st transaction in the Consumer Products sector.
  • This is iAnthus’ largest (disclosed) transaction.
  • This is iAnthus’ 1st transaction in Canada.
  • This is iAnthus’ 1st transaction in Ontario.

M&A Deal Summary
Date 2018-10-18
Target MPX Bioceutical
Sector Consumer Products
Buyer(s) iAnthus
Deal Type Merger
Deal Value 835M USD

Target

MPX Bioceutical

Toronto, Ontario, Canada
website
MPX Bioceutical Corp. is a provider of substantial management, staffing, procurement, advisory, financial, real estate rental, logistics and administrative services to three medicinal cannabis enterprises in Arizona operating under the Health for Life (dispensaries) and the award-winning Melting Point Extracts (high-margin concentrates wholesale) brands.

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Buyer(S) 1

Buyer

iAnthus

New York, New York, United States

website

Category Company
Sector Consumer Products
Employees1,000
Revenue 152M USD (2020)
DESCRIPTION

iAnthus owns and operates licensed cannabis cultivation, processing and dispensary facilities throughout the United States, providing investors diversified exposure to the U.S. regulated cannabis industry. Founded by entrepreneurs with decades of experience in operations, investment banking, corporate finance, law and health care services, iAnthus provides a unique combination of capital and hands-on operating and management expertise.

DEAL STATS #
Overall 1 of 3
Sector (Consumer Products) 1 of 3
Type (Merger) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-29 CBD for Life

Owensboro, Kentucky, United States

CBD For Life produces highly innovative, natural, luxurious, and effective Cannabidiol (CBD) infused pain management and beauty products using 99% pure CBD extract derived from stems and stalks of industrial hemp. Our revolutionary formulas combine CBD with nourishing essential oils and other active ingredients to aid in reducing pain, inflammation, and stress while promoting anti-aging, rejuvenation, and vibrancy.

Buy $16M
Mergr

Product

Company

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