M&A Deal Summary

General Cannabis Acquires Trees Dispensary

On April 21, 2021, General Cannabis acquired retailer Trees Dispensary for 40M USD

Acquisition Highlights
  • This is General Cannabis’ 1st transaction in the Retail sector.
  • This is General Cannabis’ largest (disclosed) transaction.
  • This is General Cannabis’ 1st transaction in the United States.
  • This is General Cannabis’ 1st transaction in Oregon.

M&A Deal Summary

Date 2021-04-21
Target Trees Dispensary
Sector Retail
Buyer(s) General Cannabis
Deal Type Add-on Acquisition
Deal Value 40M USD

Target

Trees Dispensary

Portland, Oregon, United States
Trees Dispensary is a recreational marijuana dispensary serving locations in Colorado and Oregon. Trees Dispensary was founded in 2014 and is based in Portland, Oregon.

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Buyer(S) 1

Buyer

General Cannabis

Denver, Colorado, United States

Category Company
Founded 2013
Sector Consumer Products
Employees43
Revenue 6M USD (2021)
DESCRIPTION

General Cannabis is a cannabis company with deep expertise in wholesale and retail operations as well as cultivation consulting. General Cannabis was founded in 2013 and is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oregon) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Size (of disclosed) 1 of 1