M&A Deal Summary

Canada House Acquires IsoCanMed

On May 29, 2020, Canada House acquired consumer products company IsoCanMed

Acquisition Highlights
  • This is Canada House’s 1st transaction in the Consumer Products sector.
  • This is Canada House’s 1st transaction in Canada.
  • This is Canada House’s 1st transaction in Quebec.

M&A Deal Summary

Date 2020-05-29
Target IsoCanMed
Sector Consumer Products
Buyer(s) Canada House
Deal Type Add-on Acquisition

Target

IsoCanMed

Louiseville, Quebec, Canada
IsoCanMed Inc. is a Canadian Licensed producer of cannabis located in Louiseville Quebec. The company focuses on growing best-in-class indoor cannabis, in a safe and controlled environment in its 64,000 sq.ft. production facility employing state-of-the-art vertical, aeroponic production methodologies. IsoCanMed also plans to release its own brand portfolio by launching a series of recreational cannabis products and formats destined for distribution to the SQDC.

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Buyer(S) 1

Buyer

Canada House

Pickering, Ontario, Canada

Category Company
Sector Consumer Products
Revenue 5M CAD (2020)
DESCRIPTION

Canada House is the parent company of Abba Medix Corp., a Licensed Producer in Pickering, Ontario that produces high-quality medical-grade cannabis; Canada House Clinics Inc., with clinics across the country that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from simple and complex medical conditions; and Knalysis Technologies, a provider of fully customizable, cloud-based software that links physician, provider, and patient to data that supports treatment with medical cannabis.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2020) 1 of 1