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New Deal


Announced

Completed

Harborside completes the acquisition of San Leandro Wellness Solutions from Dark Heart Nursery.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned50%
Capital Bid For50%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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healthcare facilitiess

Acquisition

Completed

healthcare services & hospitals

Private

Friendly

United States

dispensary

Health Care Facilities

Majority

Single Bidder

Synopsis

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Harborside, a leading cannabis enterprise completed the acquisition of San Leandro Wellness Solutions, a healthcare dispensary from Dark Heart Nursery, a cultivator of cannabis plants. Financial terms were not disclosed. Harborside previously owned 50% of the dispensary under a joint venture with Dark Heart Nursery and would have provided management services to the store. San Leandro will carry both medical and adult-use products, including Harborside's own KEY line of cannabis products, and will also offer delivery services. "This additional retail opportunity will allow us to further engage with consumers and secure our reputation as a trusted resource for all cannabis needs. We are delighted to be in San Leandro and be part of its thriving community." Andrew Berman, Harborside CEO.

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