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M&A Deal Summary

Kiaro Acquires Cozy Cannabis

On May 31, 2021, Kiaro acquired retailer Cozy Cannabis for 1M USD

Acquisition Highlights
  • This is Kiaro’s 1st transaction in the Retail sector.
  • This is Kiaro’s largest (disclosed) transaction.
  • This is Kiaro’s 1st transaction in Canada.
  • This is Kiaro’s 1st transaction in Ontario.

M&A Deal Summary
Date 2021-05-31
Target Cozy Cannabis
Sector Retail
Buyer(s) Kiaro
Deal Type Add-on Acquisition
Deal Value 1M USD

Target

Cozy Cannabis

Toronto, Ontario, Canada
Cozy Cannabis is a cannabis retailer and operates three eCommerce business platforms, based in Toronto, Canada.

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Buyer(S) 1

Buyer

Kiaro

Vancouver, British Columbia, Canada
Category Company
Sector Distribution
Employees95
Revenue 27M CAD (2022)
DESCRIPTION

Kiaro is an independent, omnichannel cannabis retailer and distributor. Through existing storefronts across British Columbia and Saskatchewan, a wholesale distribution division servicing Saskatchewan, and plans for national expansion, Kiaro is driven to introduce new and experienced consumers to a lifelong exploration of cannabis. Kiaro is headquartered in Vancouver, Canada.

DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1
Size (of disclosed) 1 of 1
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