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New Deal


Announced

Completed

Greenlane completed the acquisition of Eyce.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Domestic

Miscellaneous Consumer Staple Goods

Friendly

Private

United States

Majority

smoking

Single Bidder

Acquisition

Synopsis

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Greenlane , a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, completed the acquisition of Eyce brand and substantially all of the assets of Eyce, a manufacturer of specialty silicone smoking products. Financial terms were not disclosed. “The Eyce acquisition represents the latest step in Greenlane’s relentless focus to find and acquire the highest quality brands and platform extensions in the cannabis market to further drive our revenue growth and profitability and deliver value to our shareholders. We have carefully built a robust pipeline of targets and we intend to add additional brands to our portfolio in the near term as we continue to execute on this growth plan,” Aaron LoCascio, Greenlane Co-Founder and CEO.

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