Origin House completed the acquisition of 180 Smoke for $23m.

Origin House, a cannabis product and brands company, completed the acquisition of 180 Smoke, an online company that sells e-cigarettes, vaporizers, and other nicotine-related products, for $23m. "We are very pleased to become part of Origin House. Collectively, we bring a constructive, innovative and prudent approach that makes us a valuable and loved partner to our customers, colleagues and the wider populus. Through additional capital, industry expertise and an established California distribution and brand blueprint, Origin House will accelerate 180 Smoke's mission of harm reduction from combustibles, and 360 Cannabis' focus of highlighting the harm reduction properties of cannabis. We look forward to utilizing this support to drive significant growth and profitability over the next two years, both on the Vape and cannabis sides of our business," Ashutosh Jha, 180 Smoke President.