Hyde Advisory Publish Their Global Cannabis M&A Newsletter
Here’s the deals they’ve picked up on
The Hyde Advisory & Investments (“HAI”) Newsletter contains recent M&A deals and a selection of our top cannabis business listings. We attended the Portugal Medical Cannabis event in Lisbon on May 22, presented at CannaVision ’24 Executive Summit in Toronto on May 27, presented at the Grow Up Conference in Toronto on May 28-29, are presenting at Cannabis Business Europe in Frankfurt on June 4-5, and attending Cannabis Europa in London on June 25-26. We will also be at the KIND Summer Fair in Toronto on July 16-17 & CB Expo Dortmund in Germany on Sept 19-21. We hope to connect with clients, colleagues and new contacts on the conference circuit in 2024!
RECENT M&A & PARTNERSHIP DEALS
Canopy USA exercises option to purchase Acreage Pharms!
June 4, 2024 – Canopy USA has announced it has exercised its option and will acquire all of Acreage’s fixed shares and floating shares in a deal expected to close in 2025.
IM Cannabis scraps merger, raises $2M & will focus on German growth!
May 30, 2024 – Israel-based IM Cannabis has scrapped a planned merger with Kadimastem, has raised $2M US in a convertible debenture & will focus on German growth.
Ghost Drops signs global licensing agreement with Portugal’s SOMAI Group!
May 28, 2024 – Canadian brand Ghost Drops signs exclusive global distribution agreement with Portugal-based SOMAI Group to capture market share across Europe and beyond.
California’s Conception Nurseries expands gene-tics business to Europe!
May 28, 2024 – California’s Conception Nurseries is building a new facility in Portugal and expanding premium California genetics into the European and global markets.
We act for licensed cannabis companies around the globe on merger and acquisition (“M&A”) mandates. Our clients include EU-GACP cultivators, EU-GMP processors, EU-GDP distributors, cannabis technology & IP businesses, retail stores and more. We also have a number of buy-side mandates and are on the look-out for GACP, GDP, & EU-GMP-certified cannabis assets globally.
Portuguese GACP cultivator & German GDP distributor package!
Turnkey, GACP & GDP licensed importer/exporter & distributor with licensed assets in Germany & Portugal. Top quality flower & existing export contracts!
