M&A Deal Summary

Schwazze Acquires Smoking Gun

On November 15, 2021, Schwazze acquired retailer Smoking Gun for 4M USD

Acquisition Highlights
  • This is Schwazze’s 1st transaction in the Retail sector.
  • This is Schwazze’s 5th largest (disclosed) transaction.
  • This is Schwazze’s 11th transaction in the United States.
  • This is Schwazze’s 9th transaction in Colorado.

M&A Deal Summary

Date 2021-11-15
Target Smoking Gun
Sector Retail
Buyer(s) Schwazze
Deal Type Add-on Acquisition
Deal Value 4M USD

Target

Smoking Gun

Glendale, Colorado, United States
Smoking Gun is an own and operator of cannabis store. Smoking Gun was founded in 2014 and is based in Glendale, Colorado.

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Buyer(S) 1

Buyer

Schwazze

Denver, Colorado, United States

Category Company
Founded 2014
Sector Business Services
Employees729
Revenue 172M USD (2023)
DESCRIPTION

Schwazze is a consultancy and brand warehouse who licenses the turn-key cultivation and dispensary operating solutions. Schwazze was founded in 2014 and is based in Denver, Colorado.


DEAL STATS #
Overall 12 of 13
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 12 of 13
State: Colorado M&A 9 of 10
Country: United States M&A 11 of 12
Year: 2021 M&A 2 of 3
Size (of disclosed) 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-29 Drift

Boulder, Colorado, United States

Drift is a provider of cannabis dispensaries featuring Boulder's first drive-thru recreational cannabis products. Drift was founded in 2017 and is based in Boulder, Colorado.

Buy $4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-16 Emerald Fields

Manitou Springs, Colorado, United States

Emerald Fields owns and operates two retail cannabis dispensaries, located in Manitou Springs and Glendale, Colorado.

Buy -