M&A Deal Summary

MYM Acquires Joshua Tree

On June 23, 2017, MYM acquired medical products company Joshua Tree

Acquisition Highlights
  • This is MYM’s 1st transaction in the Medical Products sector.
  • This is MYM’s 1st transaction in Canada.
  • This is MYM’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2017-06-23
Target Joshua Tree
Sector Medical Products
Buyer(s) MYM
Deal Type Add-on Acquisition

Target

Joshua Tree

British Columbia, Canada
Joshua Tree product line currently consists of over 20 hemp products and plan to launch several more groundbreaking products over the next 12 months as a direct result of the transaction. MYM plans on expanding HempMed's existing distribution network which consists of over 60 retail outlets and online sales portals across Canada, the USA, and internationally.

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Buyer(S) 1

Buyer

MYM

Vancouver, British Columbia, Canada

Category Company
Founded 2014
Sector Medical Products
Employees21
Revenue 2M USD (2018)
DESCRIPTION

MYM is focuses on developing high-end organic medicinal cannabis supplements and topical products. MYM also has an interest in the development of high-density farming facilities and technologies that allow MYM to expand its brand into the global market. MYM was founded in 2014 and is based in Vancouver, Canada.


DEAL STATS #
Overall 1 of 2
Sector (Medical Products) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 2
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-02 BioHemp Naturals

Quebec, Canada

BioHemp Naturals is a licensed hemp cultivator in the business of cultivating and distributing CBD-rich hemp biomass to licensed producers in Canada. BioHemp is expanding its hemp operations to cultivate 450 acres this 2019 season with plans to expand to 3,000 acres of certified organic hemp in 2020.

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