M&A Deal Summary

Lucy Scientific Discovery Acquires Bluesky Wellness

On September 12, 2023, Lucy Scientific Discovery acquired consumer products company Bluesky Wellness

Acquisition Highlights
  • This is Lucy Scientific Discovery’s 1st transaction in the Consumer Products sector.
  • This is Lucy Scientific Discovery’s 1st transaction in Canada.
  • This is Lucy Scientific Discovery’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2023-09-12
Target Bluesky Wellness
Sector Consumer Products
Buyer(s) Lucy Scientific Discovery
Deal Type Add-on Acquisition

Target

Bluesky Wellness

Vancouver, British Columbia, Canada
BlueSky Wellness is a portfolio of plant-based wellness brands including Keoni, Keoni Sport, Blush Wellness, and AMMA Healing. BlueSky Wellness is based in Vancouver, British Columbia.

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Buyer(S) 1

Buyer

Lucy Scientific Discovery

Victoria, British Columbia, Canada

Category Company
Founded 2017
Sector Life Science
Employees2
DESCRIPTION

Lucy Scientific Discovery is a company with holdings and operations in a variety of psychotropic businesses. It holds a Controlled Drugs and Substances Dealer's License granted by Health Canada's Office of Controlled Substances. The company and its wholly-owned subsidiary, LSDI Manufacturing Inc., operate under Part J of the Food and Drug Regulations promulgated under the Food and Drugs Act (Canada). This specialized license authorizes LSDI to develop, sell, deliver, and manufacture pharmaceutical-grade active pharmaceutical ingredients (APIs) used in controlled substances and their raw material precursors. Lucy Scientific Discovery Inc. was founded in 2017 and is based in Victoria, Canada.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2023) 1 of 1