M&A Deal Summary

Digicann Ventures Acquires Sanna Health

On March 13, 2020, Digicann Ventures acquired consumer products company Sanna Health for 23M USD

Acquisition Highlights
  • This is Digicann Ventures’ 1st transaction in the Consumer Products sector.
  • This is Digicann Ventures’ largest (disclosed) transaction.
  • This is Digicann Ventures’ 2nd transaction in Canada.
  • This is Digicann Ventures’ 1st transaction in Ontario.

M&A Deal Summary
Date 2020-03-13
Target Sanna Health
Sector Consumer Products
Buyer(s) Digicann Ventures
Deal Type Add-on Acquisition
Deal Value 23M USD

Target

Sanna Health

Toronto, Ontario, Canada
Sanna Health Corp. is a licensed cannabis operator, is located within the Greater Toronto Area and currently has licensed for cultivation, processing, and medical sales of cannabis. Sanna Health is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Digicann Ventures

Vancouver, British Columbia, Canada
Category Company
Founded 2004
Sector Agriculture
Revenue 1M CAD (2022)
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 STATS #
Overall 2 of 2
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 2 of 2
Year (2020) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS 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 -
Mergr

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