M&A Deal Summary

Dragon Life Science Acquires Legends of Hemp

On November 22, 2021, Dragon Life Science acquired consumer products company Legends of Hemp

Acquisition Highlights
  • This is Dragon Life Science’s 1st transaction in the Consumer Products sector.
  • This is Dragon Life Science’s 1st transaction in the United States.
  • This is Dragon Life Science’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2021-11-22
Target Legends of Hemp
Sector Consumer Products
Buyer(s) Dragon Life Science
Deal Type Add-on Acquisition

Target

Legends of Hemp

Waunakee, Wisconsin, United States
Legends of Hemp is a CBD manufacturing and branding company that brings together the experiences in both the cannabis and entertainment industry to create a platform for various artists and entertainers to launch and sell their own hemp-derived and customized cannabinoid products. Between their internal manufacturing capabilities and the additional capabilities of their strategic partners throughout the supply chain, Legends of Hemp can produce virtually any hemp-derived product to both be branded and marketed to suit any artist's desired identity. Legends of Hemp is based in Waunakee, Wisconsin.

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Buyer(S) 1

Buyer

Dragon Life Science

New York, New York, United States
Category Company
Founded 1998
Sector Business Services
DESCRIPTION

Dragon Life Science is a multi-strategy holding company focused on identifying, developing, acquiring, and bringing to market technologies and solutions across all market sectors. Currently, the Company is searching/researching for new investment opportunities, with a principal business objective of either investing into and starting up new business opportunities or acquiring all or part of an existing business that will strengthen the Company's balance sheet and increase shareholder value. Dragon Life Science was founded in 1998 and is headquartered in New York City.

DEAL STATS #
Overall 1 of 2
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Wisconsin) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-01 CraftClouds

Fort Myers, Florida, United States

CraftClouds is a next-gen NFT (non-fungible token) platform and ecosystem designed to expand on the current offerings of marketplace-based portals and deliver a platform solution for both creators and consumers as well as large-scale enterprises and brands.

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