M&A Deal Summary

Wellcana Plus Acquires GB Sciences Louisiana

On November 18, 2019, Wellcana Plus acquired consumer products company GB Sciences Louisiana from GB Sciences

Acquisition Highlights
  • This is Wellcana Plus’ 1st transaction in the Consumer Products sector.
  • This is Wellcana Plus’ 1st transaction in the United States.
  • This is Wellcana Plus’ 1st transaction in Louisiana.

M&A Deal Summary
Date 2019-11-18
Target GB Sciences Louisiana
Sector Consumer Products
Buyer(s) Wellcana Plus
Sellers(s) GB Sciences
Deal Type Divestiture

Target

GB Sciences Louisiana

Louisiana, United States
GB Sciences Louisiana LLC provides marries cutting edge cannabis cultivation and biopharmaceutical research and development.

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Buyer(S) 1

Buyer

Wellcana Plus

Lafayette, Louisiana, United States
Category Company
Sector Consumer Products
DESCRIPTION

Wellcana Plus LLC is a cannabis company that is based in Lafayette, Louisiana.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

GB Sciences

Las Vegas, Nevada, United States
Category Company
Founded 2001
Sector Agriculture
Employees2
Revenue 1M USD (2024)
DESCRIPTION

GB Sciences is a diverse cannabis company, focused on standardized cultivation and production methods; as well as biopharmaceutical research and development. GB Sciences was founded in 2001 and is based in Las Vegas, Nevada.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
Mergr

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