M&A Deal Summary

Green Thumb Acquires LeafLine

On December 30, 2021, Green Thumb acquired agriculture company LeafLine

Acquisition Highlights
  • This is Green Thumb’s 1st transaction in the Agriculture sector.
  • This is Green Thumb’s 1st transaction in the United States.
  • This is Green Thumb’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2021-12-30
Target LeafLine
Sector Agriculture
Buyer(s) Green Thumb
Deal Type Add-on Acquisition

Target

LeafLine

Eagan, Minnesota, United States
LeafLine is a premium medical cannabis cultivator that produces high-quality products for patients seeking to improve their quality of life. The company does this by cultivating plants indoors guaranteeing reliability and consistency, using the latest scientific research and pure plant-derived ingredients to create Full-Spectrum cannabis products on the market, and undergoing rigorous testing in-house and by an independent lab to ensure purity & safety. LeafLine was formed in 2014 and is based in Eagan, Hibbing, St. Cloud, St. Paul, and Willmar.

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Buyer(S) 1

Buyer

Green Thumb

Chicago, Illinois, United States

Category Company
Founded 2014
Sector Consumer Products
Employees4,900
Revenue 1.1B USD (2024)
DESCRIPTION

Green Thumb is a national cannabis consumer packaged goods company and retailer manufactures and distributes a portfolio of branded cannabis products including Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles and RYTHM. Green Thumb was formed in 2014 and is headquartered in Chicago, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Agriculture M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1