M&A Deal Summary

1933 Industries Acquires Harvest Foundation

On January 16, 2018, 1933 Industries acquired life science company Harvest Foundation

Acquisition Highlights
  • This is 1933 Industries’ 1st transaction in the Life Science sector.
  • This is 1933 Industries’ 1st transaction in the United States.
  • This is 1933 Industries’ 1st transaction in Nevada.

M&A Deal Summary
Date 2018-01-16
Target Harvest Foundation
Sector Life Science
Buyer(s) 1933 Industries
Deal Type Add-on Acquisition

Target

Harvest Foundation

Las Vegas, Nevada, United States
Harvest Foundation is a Nevada cultivation licensee for medical and recreational cannabis. Their facility is approximately 10,000 sq. ft. and is conveniently located adjacent to the current AMA facility in Las Vegas, Nevada.

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Buyer(S) 1

Buyer

1933 Industries

Vancouver, British Columbia, Canada
Category Company
Sector Agriculture
Employees87
Revenue 18M CAD (2023)
DESCRIPTION

1933 Industries is a vertically integrated, brand-focused cannabis company with operations in the United States and Canada. Operating through two subsidiary companies, the Company owns leading cannabis brands as well as licensed cannabis cultivation, extraction, processing, and manufacturing assets. 1933 Industries is based in Vancouver, British Columbia.

DEAL STATS #
Overall 2 of 2
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-24 QuikFlo Technologies

Alberta, Canada

QuikFlo Technologies Inc. holds intellectual property that is being developed into an automated diagnostic tool which interprets computerized tomography scans of ischemic stroke patients and provides recommended treatment options to attending physicians.

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