Investment Summary

MYM Invests In BioHemp Naturals

On May 2, 2019, MYM invested in consumer products company BioHemp Naturals

Investment Highlights
  • This is MYM’s 1st transaction in the Consumer Products sector.
  • This is MYM’s 2nd transaction in Canada.
  • This is MYM’s 1st transaction in Quebec.

Investment Summary
Date 2019-05-02
Target BioHemp Naturals
Sector Consumer Products
Investor(s) MYM
Deal Type Stake Purchase

Target

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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Investor(S) 1

Investor

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 2 of 2
Sector (Consumer Products) 1 of 1
Type (Stake Purchase) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-23 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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