Canadian company Heritage Cannabis Holding Corp. struck an all-stock deal to acquire Premium 5, a producer of cannabis concentrates and vape products. Under terms of the acquisition, Premium 5 will receive 21 million Canadian dollars ($16.3 million) wo…
acquisitions
Heritage Cannabis to acquire concentrate producer Premium 5
Canadian company Heritage Cannabis Holding Corp. struck an all-stock deal to acquire Premium 5, a producer of cannabis concentrates and vape products. Under terms of the acquisition, Premium 5 will receive 21 million Canadian dollars ($16.3 million) wo…
Heritage Cannabis to acquire concentrate producer Premium 5
Canadian company Heritage Cannabis Holding Corp. struck an all-stock deal to acquire Premium 5, a producer of cannabis concentrates and vape products. Under terms of the acquisition, Premium 5 will receive 21 million Canadian dollars ($16.3 million) wo…
TerrAscend borrows $120M to make payments on marijuana acquisition
U.S. and Canadian marijuana operator TerrAscend borrowed $120 million from a syndicate of lenders to help finance earn-out payments related to its acquisition of Ilera Healthcare in Pennsylvania. The financing, announced Dec. 18, is senior secured debt…