M&A Deal Summary

Decibel Cannabis Acquires We Grow BC

On November 7, 2019, Decibel Cannabis acquired consumer products company We Grow BC

Acquisition Highlights
  • This is Decibel Cannabis’ 2nd transaction in the Consumer Products sector.
  • This is Decibel Cannabis’ 2nd transaction in Canada.
  • This is Decibel Cannabis’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2019-11-07
Target We Grow BC
Sector Consumer Products
Buyer(s) Decibel Cannabis
Deal Type Merger

Target

We Grow BC

Creston, British Columbia, Canada
We Grow BC Ltd. is an authorized licensed cultivator, processor, and seller under the Cannabis Act (Canada). We Grow BC Ltd. Grow is located in Creston, British Columbia in the heart of the Kootenay’s, where British Columbia-grown marijuana originated, and holds a Cultivation License pursuant to the Access to Cannabis for Medical Purposes Regulations under Health Canada.

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Buyer(S) 1

Buyer

Decibel Cannabis

Calgary, Alberta, Canada
Category Company
Sector Consumer Products
Revenue 79M CAD (2022)
DESCRIPTION

Decibel Cannabis is a vertically integrated cannabis company with assets across the cannabis value chain, with an engaging cannabis retail and product brands. Decibel Cannabis is based in Calgary, Alberta.

DEAL STATS #
Overall 2 of 2
Sector (Consumer Products) 2 of 2
Type (Merger) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 2 of 2
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-28 Delta 9 Cannabis - Delta West

Calgary, Alberta, Canada

Delta 9 Cannabis - Delta West is an extraction facility based in Calgary, Alberta.

Buy -
Mergr

Product

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