Add-on Acquisition • Business Services

Digicann Ventures Acquires Organic Flower Investments Group

On May 23, 2019, Digicann Ventures acquired business services company Organic Flower Investments Group

Acquisition Context
  • This is Digicann Ventures’ 1st transaction in the Business Services sector.
  • This is Digicann Ventures’ 1st transaction in Canada.
  • This is Digicann Ventures’ 1st transaction in British Columbia.

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M&A Deal Summary

Date May 23, 2019
Target Organic Flower Investments Group
Sector Business Services
Buyer(s) Digicann Ventures
Deal Type Add-on Acquisition

Target Company

Organic Flower Investments Group

Vancouver, British Columbia, Canada
Organic Flower Investments Group, Inc. is a strategic relationships, proprietary investments and exclusive partnerships with preeminent international cannabis cultivators and formulators for the development of best in class products and brands to be marketed and distributed throughout our global footprint. Organic Flower Investments Group, Inc. was founded in 1980 and is headquartered in Vancouver, Canada.
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Buyer Overview 1

Buyer

Digicann Ventures

Vancouver, British Columbia, Canada

Category Company
Founded 2004
Sector Agriculture
Revenue 1M CAD (2021)
DESCRIPTION

Digicann Ventures is a growth-oriented and diversified company focused on the international cannabis industry. Digicann Ventures was founded in 2004 and is based in Vancouver, British Columbia.


Deal Context for Buyer #
Overall 1 of 2
Sector: Business Services 1 of 1
Type: Add-on Acquisition 1 of 2
State: British Columbia 1 of 1
Country: Canada 1 of 2
Year: 2019 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-28 Farma Swiss S.A.S.

Medellin, Colombia

Farma Swiss S.A.S. operates a licensed pharmacy strategically situated within a high traffic, commercial neighborhood of Medellin, Colombia. Farma Swiss' fully licensed brick and mortar pharmacy operation is equipped with the following ancillary, value-added services: Inbound prescription call center, augmented by advanced supply chain and CRM software suites, Domestic delivery service, providing local clientele with a vast array of medical pharmaceutical and over-the-counter products.

Sell -