M&A Deal Summary |
|
|---|---|
| Date | 2021-02-16 |
| Target | Satipharm |
| Sector | Agriculture |
| Buyer(s) | Cann Group |
| Sellers(s) | Delivra Health Brands |
| Deal Type | Divestiture |
| Deal Value | 4M USD |
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| Category | Company |
|---|---|
| Founded | 2014 |
| Sector | Agriculture |
| Revenue | 14M AUD (2023) |
Cann Group is building a business focused on breeding, cultivating, manufacturing, and supplying medicinal cannabis for sale and use within Australia and for approved overseas export markets. The company has established research and cultivation facilities in Melbourne and is developing a state-of-the-art cultivation facility near Mildura, Victoria. Cann Group has executed collaboration agreements that have enabled it to establish a leading position in plant genetics, breeding, extraction, analysis, and production techniques required to facilitate the supply of medicinal cannabis for a range of diseases and medical conditions. The Company is commercializing a range of imported and locally sourced and manufactured medicinal cannabis products. Cann Group was founded in 2014 and is based in Port Melbourne, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Agriculture) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United Kingdom) | 1 of 1 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Sector | Consumer Products |
| Revenue | 10M USD (2023) |
Delivra Health Brands is a global cannabis company that develops and provides innovative lifestyle and wellness products to consumers and patients in regulated markets around the world. The Company's range of lifestyle solutions is designed to enhance the quality of life. Shareholders have significant exposure to the entire cannabis value chain through three wholly-owned subsidiaries: United Greeneries, a Licensed Producer; Satipharm (medical and nutraceutical); and Dream Water (consumer).
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Agriculture) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United Kingdom) | 1 of 1 |
| Year (2021) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-01 |
Greenbelt Greenhouse
Vancouver, British Columbia, Canada Greenbelt Greenhouse Ltd. is a supplier of high quality greenhouse grew cannabis. Greenbelt Greenhouse Ltd. started with a personal interest in the magic of healthy flavourful foods, a desire to work in a warm and sunny greenhouse, a compulsion to promote ecological growing practices, and an aspiration to more efficiently grow better food. |
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