M&A Deal Summary |
|
|---|---|
| Date | 2024-11-06 |
| Target | Ratio Cannabis |
| Sector | Retail |
| Buyer(s) | TerrAscend |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2017 |
| Sector | Consumer Products |
| Employees | 101 |
| Revenue | 317M USD (2023) |
TerrAscend provides quality products, brands, and services to the global cannabinoid market. TerrAscend operates a number of synergistic businesses, including The Apothecarium, cannabis dispensary with several retail locations in California and Nevada; Arise Bioscience Inc., a manufacturer and distributor of hemp-derived products; Ascendant Laboratories Inc., a biotechnology and licensing company committed to the continuous improvement of cannabinoid expressing plants; Solace RX Inc., a proposed Drug Preparation Premises (DPP) focused on the development of novel formulations and delivery forms; and Valhalla Confections, a manufacturer of premium cannabis-infused edibles. TerrAscend was founded in 2017 and is based in Mississauga, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector (Retail) | 2 of 2 |
| Type (Add-on Acquisition) | 6 of 6 |
| State (Ohio) | 1 of 1 |
| Country (United States) | 6 of 6 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-06-29 |
Herbiculture
Burtonsville, Maryland, United States Herbiculture is a medical marijuana dispensary, that provides clients with quality medical cannabis. Herbiculture was founded in 2017 and is based in Burtonsville, Maryland. |
Buy | - |
