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  6. CaniBrands Acquires Sonder

M&A Deal Summary

CaniBrands Acquires Sonder

On March 12, 2019, CaniBrands acquired consumer products company Sonder

Acquisition Highlights
  • This is CaniBrands’ 2nd transaction in the Consumer Products sector.
  • This is CaniBrands’ 2nd transaction in the United States.
  • This is CaniBrands’ 2nd transaction in California.

M&A Deal Summary
Date 2019-03-12
Target Sonder
Sector Consumer Products
Buyer(s) CaniBrands
Deal Type Add-on Acquisition

Target

Sonder

Santa Rosa, California, United States
Sonder Corp. is a provider of sun-grown, sustainable, 100% pesticide and additive-free cannabis oil concentrate is available in pre-filled industry leading vape cartridges. Sonder was founded in 2012 and is based in Santa Rosa, California.

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Buyer(S) 1

Buyer

CaniBrands

Toronto, Ontario, Canada
Category Company
Founded 2018
Sector Consumer Products
DESCRIPTION

CaniBrands is a next-generation cannabis-infused products company developing the full spectrum of experiences and outcomes for the customers. With a focus on the wellness-minded consumer, the company teamed up with precision digital marketing partners and professional athletes to tell the CaniBrands story and to collaborate on the development of our future line of ready-to-drink beverages and innovative products.

DEAL STATS #
Overall 2 of 2
Sector: Consumer Products M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: California M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-19 OMG Farms

Arcata, California, United States

OMG Farms is an early-stage cannabis lifestyle brand with a ready-to-use cannabis vaporizer. OMG Farms was formed in 2010 and is based in Arcata, California.

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