M&A Deal Summary

MWG Holdings Group Acquires Oz

On December 22, 2021, MWG Holdings Group acquired distribution company Oz

Acquisition Highlights
  • This is MWG Holdings Group’s 1st transaction in the Distribution sector.
  • This is MWG Holdings Group’s 1st transaction in the United States.
  • This is MWG Holdings Group’s 1st transaction in California.

M&A Deal Summary

Date 2021-12-22
Target Oz
Sector Distribution
Buyer(s) MWG Holdings Group
Deal Type Add-on Acquisition

Target

Oz

Santa Cruz, California, United States
Oz is a trusted distribution partner for over 400+ dispensaries state-wide with a mission is to curate the best cannabis products in the state of California and deliver it to shops. It produces its own branded cannabis flower and concentrate lines, including Royal Tree, Royal Dab, and Royal Bud. Oz was formed in 2018 and is based in Santa Cruz, California.

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Buyer(S) 1

Buyer

MWG Holdings Group

Sacramento, California, United States

Category Company
Founded 2017
Sector Business Services
DESCRIPTION

MWG Holdings Group is an executive management and holding company focusing on investment opportunities across a broad range of industries. MWG's retail brand, Perfect Union is California's wholly-owned cannabis company with over a decade of experience managing profitable cannabis businesses; navigating state and local laws and regulations; and adding value to the communities where they operate. The company has a proven track record of building engagement, social welfare, and outreach programs that focus on local partnerships, monetary investments, and in-store donation campaigns. It owns or controls a significant majority of its supply chain, including cultivation, manufacturing, and distribution. MWG Holdings Group was formed in 2017 and is based in Sacramento, California.


DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1