M&A Deal Summary

Medical Innovation Acquires TerraVida

On November 22, 2021, Medical Innovation acquired consumer products company TerraVida

Acquisition Highlights

This is Medical Innovation’s 1st transaction in the Consumer Products sector.
This is Medical Innovation’s 2nd transaction in the United States.
This is Medical Innovation’s 1st transaction in Colorado.

M&A Deal Summary
Date	2021-11-22
Target	TerraVida
Sector	Consumer Products
Buyer(s)	Medical Innovation
Deal Type	Add-on Acquisition

Target

TerraVida

Boulder, Colorado, United States

TerraVida is a manufacturer, wholesaler, and online retailer of high-quality, 100% natural, third-party lab-tested CBD products. The company exists out of a passion for improving one's daily life with Earth's natural remedies. Cannabidiol (CBD) is truly one of the most remarkable compounds in the natural world. TerraVida has a wide range of products including topicals, skincare, oral sprays, softgels, gummies and tinctures and are dedicated to providing safe and effective products by following industry guidelines set forth by the FDA. TerraVida sources its ingredients from the Earth to bring potent natural luxuries that uplift the spirit and balance the body and mind. TerraVida was formed in 2017 and is based in Boulder, Colorado.

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