M&A Deal Summary

MedMen Enterprises Acquires PharmaCann

On October 11, 2018, MedMen Enterprises acquired agriculture company PharmaCann for 682M USD

Acquisition Highlights
  • This is MedMen Enterprises’ 1st transaction in the Agriculture sector.
  • This is MedMen Enterprises’ largest (disclosed) transaction.
  • This is MedMen Enterprises’ 3rd transaction in the United States.
  • This is MedMen Enterprises’ 2nd transaction in Illinois.

M&A Deal Summary
Date 2018-10-11
Target PharmaCann
Sector Agriculture
Buyer(s) MedMen Enterprises
Deal Type Add-on Acquisition
Deal Value 682M USD

Target

PharmaCann

Oak Park, Illinois, United States
PharmaCann LLC is a medical cannabis providers, cultivates, processes and dispenses safe, independently tested cannabis products to improve people’s lives. PharmaCann’s dispensaries, called Verilife, and production facilities, called Veriplant, are operating in multiple states including Illinois, Maryland, Massachusetts and New York, with other locations in development including Michigan, Ohio, Pennsylvania and Virginia.

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Buyer(S) 1

Buyer

MedMen Enterprises

Culver City, California, United States
Category Company
Sector Agriculture
DESCRIPTION

MedMen Enterprises, Inc. is a cannabis company in the U.S. with assets and operations across the country. MedMen Enterprises, Inc. MedMen Enterprises is based in Culver City, California.

DEAL STATS #
Overall 3 of 5
Sector (Agriculture) 1 of 2
Type (Add-on Acquisition) 2 of 4
State (Illinois) 2 of 2
Country (United States) 3 of 5
Year (2018) 3 of 4
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-10 Berkeley Patients Group - First Dispensary

Oakland, California, United States

Berkeley Patients Group - First Dispensary is a provider of healthcare services in Oakland, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-22 Buddy’s Cannabis

San Jose, California, United States

Viktorya’s Medical Supplies LLC is a microbusiness license entitling the Company to retail, distribute, cultivate and manufacture cannabis onsite in San Jose, California.

Buy -
Mergr

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