M&A Deal Summary

Pineapple Express Acquires THC Industries

On February 16, 2016, Pineapple Express acquired e-commerce company THC Industries for 5M USD

Acquisition Highlights
  • This is Pineapple Express’ 1st transaction in the E-Commerce sector.
  • This is Pineapple Express’ largest (disclosed) transaction.
  • This is Pineapple Express’ 1st transaction in the United States.
  • This is Pineapple Express’ 1st transaction in Colorado.

M&A Deal Summary
Date 2016-02-16
Target THC Industries
Sector E-Commerce
Buyer(s) Pineapple Express
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

THC Industries

Gardena, Colorado, United States
website
THC Industries, Inc. is an internet based cannabis related businesses in the nation.

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Buyer(S) 1

Buyer

Pineapple Express

Los Angeles, California, United States

website

Category Company
Founded 1983
Sector Financial Services
DESCRIPTION

Pineapple Express is a publicly traded company that invests in, expands, and brands existing and newly established canna-businesses through expert consulting and cutting-edge technology. Pineapple Express was founded in 1983 and is based in Los Angeles, California.

DEAL STATS #
Overall 1 of 1
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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