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New Deal


Announced

Completed

Jushi Holdings completed the acquisition of Nature’s Remedy for $91m.

Financials

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Transaction Value£65m
Consideration TypeCash, Ordinary Shares, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Private

Friendly

Acquisition

Domestic

Single Bidder

cannabis

Majority

Pharmaceuticals

Completed

Synopsis

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Jushi Holdings, a vertically integrated, multi-state cannabis operator, completed the acquisition of Nature’s Remedy, a vertically-integrated single state cannabis operator in Massachusetts, for $91m. “We are excited to announce that we have signed a definitive agreement to acquire Nature’s Remedy, a vertically integrated business operating high-quality, well-managed assets in Massachusetts. Our entrance into Massachusetts will mark the seventh state where we operate cannabis assets and the third state where we are vertically integrated. This acquisition will enable us to rapidly build scale in an important, maturing adult-use market with a defensible retail position and a solid cultivation footprint with significant opportunities to expand," Jim Cacioppo, Jushi CEO, Chairman and Founder.

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