Investment Summary

Decibel Cannabis Invests In Delta 9 Cannabis - Delta West

On January 28, 2019, Decibel Cannabis invested in consumer products company Delta 9 Cannabis - Delta West from Delta 9

Investment Highlights
  • This is Decibel Cannabis’ 1st transaction in the Consumer Products sector.
  • This is Decibel Cannabis’ 1st transaction in Canada.
  • This is Decibel Cannabis’ 1st transaction in Alberta.

Investment Summary

Date 2019-01-28
Target Delta 9 Cannabis - Delta West
Sector Consumer Products
Investor(s) Decibel Cannabis
Sellers(s) Delta 9
Deal Type Stake Purchase

Target

Delta 9 Cannabis - Delta West

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

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Investor(S) 1

Investor

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 1 of 2
Sector (Consumer Products) 1 of 2
Type (Stake Purchase) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 2
Year (2019) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-07 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.

Buy -

Seller(S) 1

SELLER

Delta 9

Winnipeg, Manitoba, Canada

Category Company
Founded 2001
Sector Consumer Products
Employees200
Revenue 71M CAD (2023)
DESCRIPTION

Delta 9 is a cannabis company licensed to produce and sell medical marijuana in Manitoba. Delta 9 was founded in 2001 and is based in Winnipeg, Manitoba.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Stake Purchase) 1 of 1
State (Alberta) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1