M&A Deal Summary

Green Growth Brands Acquires Spring Oaks Greenhouses

On June 4, 2019, Green Growth Brands acquired consumer products company Spring Oaks Greenhouses for 55M USD

Acquisition Highlights
  • This is Green Growth Brands’ 1st transaction in the Consumer Products sector.
  • This is Green Growth Brands’ largest (disclosed) transaction.
  • This is Green Growth Brands’ 3rd transaction in the United States.
  • This is Green Growth Brands’ 1st transaction in Florida.

M&A Deal Summary

Date 2019-06-04
Target Spring Oaks Greenhouses
Sector Consumer Products
Buyer(s) Green Growth Brands
Deal Type Add-on Acquisition
Deal Value 55M USD

Target

Spring Oaks Greenhouses

Umatilla, Florida, United States
Spring Oaks Greenhouses, Inc. holds a medical marijuana dispensary license and authorization to operate as a Medical Marijuana Treatment Center in the state of Florida. The medical marijuana dispensary license received in April of this year, authorizes Spring Oaks to initiate production, processing, and dispensing of medical marijuana and marijuana products.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Green Growth Brands

Toronto, Ontario, Canada

Category Company
Founded 1968
Sector Consumer Products
DESCRIPTION

Green Growth Brands, Inc. engages in the cultivation, processing, production, distribution, and retailing of cannabis and cannabis-infused products in the United States. Green Growth Brands offers cannabis, tetrahydro cannabidol, cannabidiol, and cannabis-infused consumer products, as well as technology and consulting services for the cannabis industry.


DEAL STATS #
Overall 3 of 3
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Florida) 1 of 1
Country (United States) 3 of 3
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-14 Henderson Organic Remedies

Henderson, Nevada, United States

Henderson Organic Remedies LLC operates a 2,693 square foot medical and retail marijuana dispensary facility located in Henderson, Nevada.

Buy -