M&A Deal Summary

MTL Cannabis Acquires MTL Cannabis

On August 9, 2021, MTL Cannabis acquired consumer products company MTL Cannabis

Acquisition Highlights
  • This is MTL Cannabis’ 2nd transaction in the Consumer Products sector.
  • This is MTL Cannabis’ 2nd transaction in Canada.
  • This is MTL Cannabis’ 2nd transaction in Quebec.

M&A Deal Summary

Date 2021-08-09
Target MTL Cannabis
Sector Consumer Products
Buyer(s) MTL Cannabis
Deal Type Merger
Advisor(s) Spiegel Sohmer (Legal)

Target

MTL Cannabis

Montreal, Quebec, Canada
MTL Cannabis is a privately owned “flower-first” Licensed Producer. MTL Cannabis is based in Montreal, Quebec.

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Buyer(S) 1

Buyer

MTL Cannabis

Pickering, Ontario, Canada

Category Company
Founded 2018
Sector Consumer Products
Revenue 84M CAD (2025)
DESCRIPTION

MTL Cannabis is a licensed producer that produces high-quality medical-grade cannabis. MTL Cannabis was founded in 2018 and is based in Pickering, Ontario.


DEAL STATS #
Overall 2 of 2
Sector: Consumer Products M&A 2 of 2
Type: Merger M&A Deals 1 of 1
State: Quebec M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-29 IsoCanMed

Louiseville, Quebec, Canada

IsoCanMed Inc. is a Canadian Licensed producer of cannabis located in Louiseville Quebec. The company focuses on growing best-in-class indoor cannabis, in a safe and controlled environment in its 64,000 sq.ft. production facility employing state-of-the-art vertical, aeroponic production methodologies. IsoCanMed also plans to release its own brand portfolio by launching a series of recreational cannabis products and formats destined for distribution to the SQDC.

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