Investment and M&A Activity in the Cannabis Industry – Summary for the Week Ended February 8, 2019

Februray 13, 2019 (Investorideas.com Newswire) Key Insights Takeaways for Week Ended February 8, 2019

Capital Raises

  • International Hemp cultivation and product development operations continue raising capital – See Canapar Corp.’s and prima’s raises
  • Canadian operators continue raising funds to capitalize on domestic adult-use market – See 48North Cannabis Corp.’s, Body and Mind Inc.’s, and THC BioMed Intl Ltd.’s raises
  • Colombian operators continue developing low-cost supply for international trade – See Blueberries Cannabis Corp.’s raise

Mergers Acquisitions

  • “Mom-and-pop” cultivation supply stores continue consolidating – See GrowGeneration’s acquisitions
  • U.S. adult-use operators remain attractive targets – See C21 Investments’ acquisition of Phantom Farms, Chemesis International’s acquisition of assets in California, LivWell Enlightened Health’s acquisition of Green Meadows Wellness, MedMen’s acquisition of ICH California Holdings, Verano Holdings’ acquisition of Four Daughters Compassionate Care
  • Rapid land grabs continue with U.S. MSOs – See iAnthus Capital Holdings’ merger with MPX Bioceuticals’ U.S. operations

Summary for the Week Ended February 8, 2019

Capital Raises

Mergers

... read more at: https://www.investorideas.com/news/2019/cannabis/02138Viridian-DealTracker.asp

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