M&A Deal Summary

Stem Holdings Acquires TJ’s Gardens

On September 12, 2019, Stem Holdings acquired agriculture company TJ’s Gardens for 13M USD

Acquisition Highlights
  • This is Stem Holdings’ 1st transaction in the Agriculture sector.
  • This is Stem Holdings’ largest (disclosed) transaction.
  • This is Stem Holdings’ 2nd transaction in the United States.
  • This is Stem Holdings’ 1st transaction in Oregon.

M&A Deal Summary
Date 2019-09-12
Target TJ’s Gardens
Sector Agriculture
Buyer(s) Stem Holdings
Deal Type Add-on Acquisition
Deal Value 13M USD

Target

TJ’s Gardens

Eugene, Oregon, United States
TJ’s Gardens is a licensed cannabis and hemp cultivation and innovation processing, as well as other segments to include and not be limited to extraction, retail, and distribution. TJ’s is highly recognized and well known for its award-winning, proprietary cannabis genetics, including TJ’s Durban Poison strain, named High Times Magazine’s “Best Tasting Bud” two years in a row.

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Buyer(S) 1

Buyer

Stem Holdings

Boca Raton, Florida, United States
Category Company
Founded 2016
Sector Agriculture
Employees75
Revenue 17M USD (2022)
DESCRIPTION

Stem Holdings is a vertically integrated cannabis company. Stem owns cannabis facilities in Nevada, Oklahoma, and Oregon, and also participates in a research project in collaboration with Cornell University. Utilizing proprietary, sustainable cultivation techniques, Stem develops exceptional products that are safe and consist of lab-tested cannabis and CBD. Stem Holdings was founded in 2016 and is based in Boca Raton, Florida.

DEAL STATS #
Overall 2 of 4
Sector (Agriculture) 1 of 2
Type (Add-on Acquisition) 2 of 4
State (Oregon) 1 of 2
Country (United States) 2 of 4
Year (2019) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-02 Western Coast Ventures

Golden, Colorado, United States

Western Coast Ventures, Inc. owns and operates casual restaurants. Western Coast Ventures, Inc. was founded in 2013 and is based in Golden, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-22 Driven Deliveries

San Diego, California, United States

Driven Deliveries, Inc. is a provider of on-demand marijuana delivery, in select cities where allowed by law. Driven provides the legal cannabis consumers the ability to purchase and receive their marijuana in a fast and convenient manner. In leveraging consumer trends, and offering a proprietary, turnkey delivery system to its customers, management believes it is uniquely positioned to best serve the needs of the emerging cannabis industry and capture notable market share within the sector.

Buy -
Mergr

Product

Company

Legal