M&A Deal Summary

Jushi Acquires NuLeaf

On April 7, 2022, Jushi acquired retailer NuLeaf for 54M USD

Acquisition Highlights
  • This is Jushi’s 1st transaction in the Retail sector.
  • This is Jushi’s largest (disclosed) transaction.
  • This is Jushi’s 5th transaction in the United States.
  • This is Jushi’s 2nd transaction in Nevada.

M&A Deal Summary
Date 2022-04-07
Target NuLeaf
Sector Retail
Buyer(s) Jushi
Deal Type Add-on Acquisition
Deal Value 54M USD

Target

NuLeaf

Incline Village, Nevada, United States
NuLeaf operates two high-performing adult-use and medical retail dispensaries in Las Vegas, NV (the Clark Dispensary), and Lake Tahoe, NV (the Lake Tahoe Dispensary).

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Buyer(S) 1

Buyer

Jushi

Boca Raton, Florida, United States
Category Company
Founded 2007
Sector Consumer Products
Employees1,188
Revenue 284M USD (2022)
DESCRIPTION

Jushi is a globally focused cannabis and hemp company focused on building a multi-state portfolio of branded cannabis and hemp-derived assets through opportunistic acquisitions, distressed workouts, and competitive applications. Jushi strives to maximize shareholder value while delivering high-quality products across all levels of the cannabis and hemp ecosystem. Jushi was founded in 2007 and is based in Boca Raton, Florida.

DEAL STATS #
Overall 5 of 5
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 4 of 4
State (Nevada) 2 of 2
Country (United States) 5 of 5
Year (2022) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-20 OhiGrow

Columbus, Ohio, United States

OhiGrow with approximately 10,000 sq. ft. facility and 1.35 acres focuses on processing medical cannabis. It manufactures medical marijuana products and sells to the wholesale market.

Buy $5M
Mergr

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