Add-on Acquisition • Distribution

KushCo Acquires Summit Innovations

On April 10, 2018, KushCo acquired distribution company Summit Innovations

Acquisition Context
  • This is KushCo’s 3rd transaction in the Distribution sector.
  • This is KushCo’s 4th transaction in the United States.
  • This is KushCo’s 2nd transaction in Colorado.

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M&A Deal Summary

Date April 10, 2018
Target Summit Innovations
Sector Distribution
Buyer(s) KushCo
Deal Type Add-on Acquisition

Target Company

Summit Innovations

Denver, Colorado, United States
Summit Innovations LLC is a distributor of hydrocarbons to the legal cannabis industry. Summit Innovations is based in Denver, Colorado.
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Buyer Overview 1

Buyer

KushCo

Tustin, California, United States

Category Company
Founded 2010
Sector Consumer Products
DESCRIPTION

KushCo provides unique products and services for both businesses and consumers in the cannabis industry. Founded in 2010 as a packaging and supplies company for dispensaries and growers, KushCo has sold more than 100 million units and now regularly services more than 5,000 legally operated medical and adult-use dispensaries, growers, and producers across North America, South America, and Europe. The Company has facilities in the three largest U.S. cannabis markets and a local sales presence in every major U.S. cannabis market.


Deal Context for Buyer #
Overall 4 of 4
Sector: Distribution 3 of 3
Type: Add-on Acquisition 4 of 4
State: Colorado 2 of 2
Country: United States 4 of 4
Year: 2018 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-09 Roll-uh-Bowl.com

United States

Roll-uh-Bowl.com is an online distribution platform for retail sales of collapsible and unbreakable medical-grade silicone water pipes. Roll-uh-Bowl.com sees an average of 39,500 web users per month.

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