M&A Deal Summary

ICC International Cannabis Acquires Farma Swiss S.A.S.

On May 28, 2019, ICC International Cannabis acquired life science company Farma Swiss S.A.S. from Digicann Ventures

Acquisition Highlights
  • This is ICC International Cannabis’ 2nd transaction in the Life Science sector.
  • This is ICC International Cannabis’ 1st transaction in Colombia.

M&A Deal Summary

Date 2019-05-28
Target Farma Swiss S.A.S.
Sector Life Science
Buyer(s) ICC International Cannabis
Sellers(s) Digicann Ventures
Deal Type Divestiture

Target

Farma Swiss S.A.S.

Medellin, Colombia
Farma Swiss S.A.S. operates a licensed pharmacy strategically situated within a high traffic, commercial neighborhood of Medellin, Colombia. Farma Swiss' fully licensed brick and mortar pharmacy operation is equipped with the following ancillary, value-added services: Inbound prescription call center, augmented by advanced supply chain and CRM software suites, Domestic delivery service, providing local clientele with a vast array of medical pharmaceutical and over-the-counter products.

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Buyer(S) 1

Buyer

ICC International Cannabis

Vancouver, British Columbia, Canada

Category Company
Founded 2006
Sector Life Science
DESCRIPTION

ICC International Cannabis is a pharmaceutical distribution, wholesale importation, and research and development, as well as licences to cultivate, produce, distribute, store and export cannabis, cannabis derivatives and industrial hemp in Colombia, Denmark, Poland, Greece, Portugal, South Africa and the Kingdom of Lesotho. ICC International Cannabis was founded in 2006 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 4 of 5
Sector: Life Science M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Colombia M&A 1 of 2
Year: 2019 M&A 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-23 Wayland Group - International Asset & Licence Portfolio

Burlington, Ontario, Canada

Wayland Group Corp. - International Asset & Licence Portfolio produces and sells medical and non-medical cannabis.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-13 Grupo Pharma Colombiano

El Poblado, Colombia

Grupo Pharma Colombiano, Inc. is a provider of Equipment, Facilities, and Services for Pharmaceutical, Cosmetic, Chemical, Veterinary, and Food Industry. Grupo Pharma products and services are executed taking care of the needs of customers obeying the current norms and the most rigid quality standards.

Buy -

Seller(S) 1

SELLER

Digicann Ventures

Vancouver, British Columbia, Canada

Category Company
Founded 2004
Sector Agriculture
Revenue 1M CAD (2021)
DESCRIPTION

Digicann Ventures is a growth-oriented and diversified company focused on the international cannabis industry. Digicann Ventures was founded in 2004 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Colombia M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-23 Organic Flower Investments Group

Vancouver, British Columbia, Canada

Organic Flower Investments Group, Inc. is a strategic relationships, proprietary investments and exclusive partnerships with preeminent international cannabis cultivators and formulators for the development of best in class products and brands to be marketed and distributed throughout our global footprint. Organic Flower Investments Group, Inc. was founded in 1980 and is headquartered in Vancouver, Canada.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-13 Sanna Health

Toronto, Ontario, Canada

Sanna Health Corp. is a licensed cannabis operator, is located within the Greater Toronto Area and currently has licensed for cultivation, processing, and medical sales of cannabis. Sanna Health is based in Toronto, Ontario.

Buy $23M