M&A Deal Summary |
|
|---|---|
| Date | 2022-12-08 |
| Target | Flowr Group |
| Sector | Consumer Products |
| Buyer(s) | Avant Brands |
| Sellers(s) | Flowr |
| Deal Type | Divestiture |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2017 |
| Sector | Consumer Products |
| Employees | 180 |
| Revenue | 36M CAD (2024) |
Avant is a cannabis company that has multiple operational production facilities across Canada, which produce high-quality, handcrafted cannabis products, based on unique and exceptional cultivars. The company's products are distributed via three complementary sales channels: recreational, medical, and export. Avant was formed in 2017 and is headquartered in Kelowna, British Columbia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Consumer Products M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Ontario M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2022 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2016 |
| Sector | Consumer Products |
| Revenue | 8M CAD (2020) |
Flowr is a cannabis company with operations in Canada, Europe, and Australia. Its Canadian operating campus, located in Kelowna, BC, includes a purpose-built, GMP-designed indoor cultivation facility; an outdoor and greenhouse cultivation site; and a state-of-the-art R&D facility. Flowr was founded in 2016 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Consumer Products M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Ontario M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2022 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-20 |
Holigen
Rio de Mouro, Portugal Holigen is a Portugal-based cultivator, manufacturer, and distributor that harvested approximately 300 kilograms of medical cannabis. Holigen is based in Portugal. |
Sell | $3M |
