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  6. Fiore Cannabis Acquires Full Spectrum Medicinal

M&A Deal Summary

Fiore Cannabis Acquires Full Spectrum Medicinal

On September 26, 2018, Fiore Cannabis acquired life science company Full Spectrum Medicinal

Acquisition Highlights
  • This is Fiore Cannabis’ 2nd transaction in the Life Science sector.
  • This is Fiore Cannabis’ 2nd transaction in Canada.
  • This is Fiore Cannabis’ 1st transaction in Quebec.

M&A Deal Summary
Date 2018-09-26
Target Full Spectrum Medicinal
Sector Life Science
Buyer(s) Fiore Cannabis
Deal Type Add-on Acquisition

Target

Full Spectrum Medicinal

Quebec, Canada
Full Spectrum Medicinal, Inc. produces cannabis organic cultivation methods, stand-alone proprietary technologies and supplemental power are intended to reduce our carbon footprint, cost of production and improve profitability. We will benefit by setting new industry standards for cultivating premium cannabis products on a commercial scale. Ground preparation is now complete and delivery of our first facility is on schedule.

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Buyer(S) 1

Buyer

Fiore Cannabis

Kelowna, British Columbia, Canada
Category Company
Founded 2007
Sector Financial Services
Revenue 3M CAD (2021)
DESCRIPTION

Fiore Cannabis is a public company which invests in health and wellness, including medical and recreational marijuana. Fiore Cannabis was founded in 2007 and is based in Kelowna, British Columbia.

DEAL STATS #
Overall 4 of 4
Sector: Life Science M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: Quebec M&A 1 of 1
Country: Canada M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-18 Moringa Cooperative

Palm Desert, California, United States

Moringa Cooperative, Inc. (Medical Delivery Service) is a distributor of medical products in Coachella Valley, California. The Valley connects with the Greater Los Angeles area to the West, population 19,000,000. The population of the valley is 500,000 and in addition has 3.5 million annual conventioneers and tourists.

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