M&A Deal Summary

CV Sciences Acquires CanX

On January 4, 2016, CV Sciences acquired life science company CanX

Acquisition Highlights
  • This is CV Sciences’ 1st transaction in the Life Science sector.
  • This is CV Sciences’ 1st transaction in the United States.
  • This is CV Sciences’ 1st transaction in Nevada.

M&A Deal Summary
Date 2016-01-04
Target CanX
Sector Life Science
Buyer(s) CV Sciences
Deal Type Add-on Acquisition

Target

CanX

Las Vegas, Nevada, United States
CanX, Inc. is a developer of synthetically-formulated cannabidiol for use in drug development activities.

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Buyer(S) 1

Buyer

CV Sciences

San Diego, California, United States
Category Company
Founded 2010
Sector Life Science
Employees42
Revenue 16M USD (2022)
DESCRIPTION

CV Sciences is a drug development company focused on products containing the hemp plant extract cannabidiol (CBD) as the active pharmaceutical ingredient. CV Sciences was founded in 2010 and is headquartered in San Diego, California.

DEAL STATS #
Overall 1 of 3
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 3
State (Nevada) 1 of 1
Country (United States) 1 of 2
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-12 Cultured Foods

Puławy, Poland

Cultured Foods is a manufacturer and distributor of alternative plant-based vegan foods, based in Puławy, Poland.

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