M&A Deal Summary

MPX Bioceutical Acquires Medical Cannabis Management Group

On January 25, 2017, MPX Bioceutical acquired transportation company Medical Cannabis Management Group for 23M USD

Acquisition Highlights
  • This is MPX Bioceutical’s 1st transaction in the Transportation sector.
  • This is MPX Bioceutical’s largest (disclosed) transaction.
  • This is MPX Bioceutical’s 1st transaction in the United States.

M&A Deal Summary
Date 2017-01-25
Target Medical Cannabis Management Group
Sector Transportation
Buyer(s) MPX Bioceutical
Deal Type Add-on Acquisition
Deal Value 23M USD

Target

Medical Cannabis Management Group

United States
Medical Cannabis Management Group engages in the supply of management and logistical services to medical marijuana dispensaries, production and cultivation businesses in the United States.

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Buyer(S) 1

Buyer

MPX Bioceutical

Toronto, Ontario, Canada
Category Company
Founded 1974
Sector Consumer Products
DESCRIPTION

MPX Bioceutical Corp. is a provider of substantial management, staffing, procurement, advisory, financial, real estate rental, logistics and administrative services to three medicinal cannabis enterprises in Arizona operating under the Health for Life (dispensaries) and the award-winning Melting Point Extracts (high-margin concentrates wholesale) brands.

DEAL STATS #
Overall 1 of 1
Sector (Transportation) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
Mergr

Product

Company

Legal