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M&A Deal Summary

Pineapple Acquires THC Industries

On February 16, 2016, Pineapple acquired e-commerce company THC Industries for 5M USD

Acquisition Highlights
  • This is Pineapple’s 1st transaction in the E-Commerce sector.
  • This is Pineapple’s largest (disclosed) transaction.
  • This is Pineapple’s 1st transaction in the United States.
  • This is Pineapple’s 1st transaction in Colorado.

M&A Deal Summary
Date 2016-02-16
Target THC Industries
Sector E-Commerce
Buyer(s) Pineapple
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

THC Industries

Gardena, Colorado, United States
THC Industries, Inc. is an internet based cannabis related businesses in the nation.

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Buyer(S) 1

Buyer

Pineapple

Los Angeles, California, United States
Category Company
Founded 1983
Sector Financial Services
DESCRIPTION

Pineapple invests in, expands, and brands existing and newly established canna-businesses through expert consulting and cutting-edge technology. Pineapple was founded in 1983 and is based in Los Angeles, California.

DEAL STATS #
Overall 1 of 1
Sector: E-Commerce M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
Size (of disclosed) 1 of 1
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