M&A Deal Summary

Edison Nation Acquires HMNRTH - Cannabidiol Health and Wellness Products

On March 12, 2020, Edison Nation acquired consumer products company HMNRTH - Cannabidiol Health and Wellness Products from HMNRTH

Acquisition Highlights
  • This is Edison Nation’s 1st transaction in the Consumer Products sector.
  • This is Edison Nation’s 1st transaction in the United States.
  • This is Edison Nation’s 1st transaction in Florida.

M&A Deal Summary
Date 2020-03-12
Target HMNRTH - Cannabidiol Health and Wellness Products
Sector Consumer Products
Buyer(s) Edison Nation
Sellers(s) HMNRTH
Deal Type Divestiture

Target

HMNRTH - Cannabidiol Health and Wellness Products

Florida, United States
HMNRTH LLC' Cannabidiol Health and Wellness Products line includes a unique blend of oral sprays and topical ointments.

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Buyer(S) 1

Buyer

Edison Nation

Bethlehem, Pennsylvania, United States
Category Company
Founded 2005
Sector Business Services
Revenue 17M USD (2018)
DESCRIPTION

Edison Nation is a multifaceted ecosystem that fosters innovation and drives IP, media, and consumer products. The company offers innovation sourcing, product design, sales, manufacturing, and fulfillment services. Edison Nation’s model is to source innovative ideas to launch internally or license to brand partners. Edison Nation was founded in 2005 and is based in Bethlehem, Pennsylvania.

DEAL STATS #
Overall 1 of 2
Sector (Consumer Products) 1 of 2
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-26 Global Clean Solutions

Nevada, United States

Global Clean Solutions is a manufacturer of Purple Mountain Clean and Blue Sky Pure hand sanitizers.

Buy -

Seller(S) 1

SELLER

HMNRTH

Tampa, Florida, United States
Category Company
Sector Consumer Services
DESCRIPTION

HMNRTH’s business model is to bridge the gap between the lifestyle and knowledge components within the cannabis industry. The Company’s goal is to educate every consumer while cultivating an experience by providing quality products, branded cutting edge content, and diversified product lines for any purpose.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
Mergr

Product

Company

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