M&A Deal Summary |
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Date | 2021-09-16 |
Target | Cannabliss |
Sector | Retail |
Buyer(s) | Chalice Brands |
Sellers(s) | Acreage Holdings |
Deal Type | Divestiture |
Deal Value | 7M USD |
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Category | Company |
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Founded | 2014 |
Sector | Consumer Products |
Revenue | 22M USD (2020) |
Chalice Brands is a consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution with 12 dispensaries. The company is committed to developing a dynamic brand portfolio with a focus on health and wellness. Chalice Brands was founded in 2014 and is based in Toronto, Ontario.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Retail) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
State (Oregon) | 1 of 1 |
Country (United States) | 1 of 1 |
Year (2021) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
Category | Company |
---|---|
Founded | 2014 |
Sector | Consumer Products |
Acreage Holdings, Inc. is a vertically integrated, multi-state owner of cannabis licenses and assets in U.S. states with respect to a number of states with operating licenses. Acreage Holdings was founded in 2014 and is based in New York City.
DEAL STATS | # |
---|---|
Overall | 2 of 2 |
Sector (Retail) | 1 of 1 |
Type (Divestiture) | 2 of 2 |
State (Oregon) | 1 of 1 |
Country (United States) | 2 of 2 |
Year (2021) | 2 of 2 |
Size (of disclosed) | 2 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2021-04-28 |
Acreage Florida
Florida, United States Acreage Florida is a medical cannabis treatment center. Acreage Florida has secured via lease agreements seven locations to build or remodel dispensaries in Hollywood, Spring Hill, Daytona, Orange Park, North Miami Beach, and two locations in Miami. |
Sell | $60M |