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New Deal


Announced

BevCanna and Capna Intellectual to form a joint venture.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Friendly

Canada

Pending

Miscellaneous Consumer Staple Goods

Private

cannabis vape brand

Joint Venture

Single Bidder

Private Equity

Synopsis

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BevCanna, a leader in infused cannabis beverages, and Capna Intellectual, a cannabis company based in Los Angeles, agreed to form a joint venture. Financial terms were not disclosed. “The JV with Bloom is an excellent opportunity for BevCanna to partner with a strong, reputable brand in the vape category. This agreement leverages BevCanna’s expertise in manufacturing infused cannabis products and Bloom’s reputation for creating safe, effective, appealing vapor cartridges and disposables. Canadians are eager to see more vape options from trust-worthy retailers, and we’re excited to be able to provide that,” Emma Andrews, Chief Commercialization Officer at BevCanna.

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