M&A Deal Summary

Blum Holdings Acquires Blüm Reno Dispensary

On June 13, 2019, Blum Holdings acquired retailer Blüm Reno Dispensary

Acquisition Highlights
  • This is Blum Holdings’ 2nd transaction in the Retail sector.
  • This is Blum Holdings’ 3rd transaction in the United States.
  • This is Blum Holdings’ 1st transaction in Nevada.

M&A Deal Summary

Date 2019-06-13
Target Blüm Reno Dispensary
Sector Retail
Buyer(s) Blum Holdings
Deal Type Add-on Acquisition

Target

Blüm Reno Dispensary

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

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Buyer(S) 1

Buyer

Blum Holdings

irvine, California, United States

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

Blum Holdings is a vertically integrated company focused on the cannabis sector with operations in California and Nevada. Blum Holdings was founded in 2010 and is based in Irvine, California.


DEAL STATS #
Overall 4 of 6
Sector (Retail) 2 of 3
Type (Add-on Acquisition) 3 of 5
State (Nevada) 1 of 1
Country (United States) 3 of 5
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-05 Golden Leaf Holdings

Toronto, Ontario, Canada

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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-03 Unrivaled

Santa Ana, California, United States

Unrivaled is a multi-state operator, and the parent company of multiple dominant cannabis lifestyle brands spanning consumer products, distribution and retail. Unrivaled is based in Santa Ana, California.

Buy -