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New Deal


Announced

TREC Brands to acquire Agripharm.

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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Acquisition

Canada

Drug Retailers

Pending

Friendly

Single Bidder

cannabis products

Majority

Private

Domestic

Synopsis

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TREC Brands, an operator of a cannabis brand holding company. agreed to acquire Agripharm, a licensed producer of consumer cannabis products. Financial terms were not disclosed. "With proven success in supporting the release of innovative cannabis products to the delight of customers, we're ready for our next phase of growth. We are continuously looking for ways to enhance our platform and combining forces with Agripharm, whom we partnered with for the release of our inaugural sku WINK No.01, is the right strategic next step in delivering even more happiness and value to our customers. Together, we're a team of the world's leading cannabis brand builders and industry-leading cultivators, processors and curators," Trang Trinh, TREC Brands CEO.

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