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M&A Deal Summary

Potent Ventures Acquires R&D Pharma - Jamaican Interests

On February 13, 2019, Potent Ventures acquired life science company R&D Pharma - Jamaican Interests from R&D Pharma

Acquisition Highlights
  • This is Potent Ventures’ 1st transaction in the Life Science sector.
  • This is Potent Ventures’ 1st transaction in Jamaica.

M&A Deal Summary
Date 2019-02-13
Target R&D Pharma - Jamaican Interests
Sector Life Science
Buyer(s) Potent Ventures
Sellers(s) R&D Pharma
Deal Type Divestiture

Target

R&D Pharma - Jamaican Interests

Jamaica
R&D Pharma Corp. - Jamaican Interests provides cultivation of cannabis plants.

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Buyer(S) 1

Buyer

Potent Ventures

Vancouver, British Columbia, Canada
Category Company
Sector Life Science
DESCRIPTION

Potent Ventures operates in the regulated cannabis industry.

DEAL STATS #
Overall 2 of 2
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Jamaica M&A 1 of 1
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-15 Verve Beverage Co.

Scottsdale, Arizona, United States

Verve Beverage Co. is a premium energy beverage provider. Verve Beverage is based in Scottsdale, Arizona.

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Seller(S) 1

SELLER

R&D Pharma

Calgary, Alberta, Canada
Category Company
Sector Life Science
DESCRIPTION

R&D Pharma Corp. is a vertically integrated medical cannabis business. R&D Pharma Corp. is based in Calgary, Alberta.

DEAL STATS #
Overall 1 of 1
Sector: Life Science M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Jamaica M&A 1 of 1
Year: 2019 M&A 1 of 1
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