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  6. Wildflower Brands Acquires City Cannabis Co.

M&A Deal Summary

Wildflower Brands Acquires City Cannabis Co.

On May 6, 2019, Wildflower Brands acquired consumer products company City Cannabis Co.

Acquisition Highlights
  • This is Wildflower Brands’ 1st transaction in the Consumer Products sector.
  • This is Wildflower Brands’ 1st transaction in Canada.
  • This is Wildflower Brands’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2019-05-06
Target City Cannabis Co.
Sector Consumer Products
Buyer(s) Wildflower Brands
Deal Type Add-on Acquisition

Target

City Cannabis Co.

Vancouver, British Columbia, Canada
City Cannabis Co. is a cannabis retailer holding two of the three City of Vancouver licenses to sell cannabis and the only company with multiple licenses in the Province of B.C. City Cannabis has been profitably operating various dispensaries in Vancouver since Vancouver commenced licensing cannabis retailers.

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Buyer(S) 1

Buyer

Wildflower Brands

Vancouver, British Columbia, Canada
Category Company
Sector Consumer Products
DESCRIPTION

Wildflower Brands, Inc. is an integrated health and wellness company headquartered in Vancouver, building brands with a focus on plant-based products. Wildflower Brands, Inc. offers a line of hemp-derived CBD+ products, including CBD based topicals, soaps, capsules, and vaporizers.

DEAL STATS #
Overall 1 of 1
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1
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