M&A Deal Summary

Body and Mind Acquires Nevada Medical Group

On November 20, 2017, Body and Mind acquired medical products company Nevada Medical Group

Acquisition Highlights
  • This is Body and Mind’s 1st transaction in the Medical Products sector.
  • This is Body and Mind’s 1st transaction in the United States.
  • This is Body and Mind’s 1st transaction in Nevada.

M&A Deal Summary
Date 2017-11-20
Target Nevada Medical Group
Sector Medical Products
Buyer(s) Body and Mind
Deal Type Add-on Acquisition

Target

Nevada Medical Group

Nevada, United States
Nevada Medical Group LLC is a provider and grower of medical marijuana for the Nevada market. Its proprietary Body and Mind (BaM) ™ products let consumers choose the perfect balance of body and mind benefits to get the precise experience they want.

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Buyer(S) 1

Buyer

Body and Mind

Vancouver, British Columbia, Canada
Category Company
Sector Life Science
Employees142
Revenue 23M USD (2023)
DESCRIPTION

Body and Mind cultivates, processes, distributes, and retails medical and recreational cannabis in Nevada, California, Arkansas, Ohio, and Michigan in the United States. The company offers packaged and grinded flower buds; concentrates; Gpen vaporizers; distillate oil cartridges; and distillate infused edible products. It also produces and sells medical and adult­use recreational marijuana products, such as cannabis flower, oil, extracts, and edibles under the Body and Mind brand name. Body and Mind was founded in 1998 and is based in Vancouver, British Columbia.

DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Mergr

Product

Company

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