M&A Deal Summary

Green Spirit Industries Acquires Spirulinex

On March 21, 2018, Green Spirit Industries acquired food company Spirulinex

Acquisition Highlights
  • This is Green Spirit Industries’ 1st transaction in the Food sector.
  • This is Green Spirit Industries’ 1st transaction in the United States.
  • This is Green Spirit Industries’ 1st transaction in California.

M&A Deal Summary

Date 2018-03-21
Target Spirulinex
Sector Food
Buyer(s) Green Spirit Industries
Deal Type Add-on Acquisition

Target

Spirulinex

Lafayette, California, United States
Spirulinex LLC is a provider of am annabinoid ingestibles that include drinkable vials, gummies and other edibles, as well as the Company’s proprietary sublingual flakes product DragonGlass Flake and Bake™.

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Buyer(S) 1

Buyer

Green Spirit Industries

San Juan, Puerto Rico

Category Company
Sector Medical Products
DESCRIPTION

Green Spirit Industries, Inc. is a provider of medical marijuana dispensaries. Green Spirit Industries is based in San Juan, Puerto Rico.


DEAL STATS #
Overall 1 of 1
Sector: Food M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1