M&A Deal Summary

Hill Acquires OneLeaf Cannabis

On May 28, 2019, Hill acquired consumer products company OneLeaf Cannabis

Acquisition Highlights
  • This is Hill’s 1st transaction in the Consumer Products sector.
  • This is Hill’s 1st transaction in Canada.
  • This is Hill’s 1st transaction in Saskatchewan.

M&A Deal Summary

Date 2019-05-28
Target OneLeaf Cannabis
Sector Consumer Products
Buyer(s) Hill
Deal Type Add-on Acquisition

Target

OneLeaf Cannabis

Regina, Saskatchewan, Canada
OneLeaf Cannabis Corp. is a privately-owned craft-inspired cannabis cultivation and processing company. OneLeaf has constructed a 48,200 square foot facility purpose-built to EU GMP standards that incorporate vertical farming, LED lighting and advanced HVAC and automation systems. Phase 1 of OneLeaf's facility, which is substantially complete and in preparation to complete its evidence package, is comprised of approximately 17,000 square feet. Upon licensing, OneLeaf will own a vast collection of unique cannabis genetics with differentiated attributes and properties and intend to research and develop consumer, medical, and therapeutic products based on the diverse cannabinoid content found within its collection.

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Buyer(S) 1

Buyer

Hill

Toronto, Ontario, Canada

Category Company
Founded 2008
Sector Beverages
Revenue 2M CAD (2024)
DESCRIPTION

Hill is a company exclusively focused on alcohol-free beer, wine, and adult-format beverages. Hill Street's great-tasting products include Hill Street Craft Brewed Lager, Designated Draft alcohol-free beer, Vin(Zero) wines, and Vintense wines, and have won numerous medals and accolades including three Gold, two Silver, and two Bronze Medals at the U.S. Open Beer Championships, the Retail Council of Canada's Grand Prix award, and a prestigious Double Gold Medal at the San Francisco International Wine Challenge. Hill was founded in 2008 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 2
Sector: Consumer Products M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: Saskatchewan M&A 1 of 1
Country: Canada M&A 1 of 2
Year: 2019 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-10 Lexaria Canpharm ULC

Kelowna, British Columbia, Canada

Lexaria Canpharm ULC engages in the production of non-pharmaceutical products containing 0.3% or greater THC and other psychoactive cannabinoids.

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