Industry Update: Cannabis

VRC is proud to release its latest Industry Report. The report provides a concise, insightful update on the Cannabis industry including recent transactions, market multiples, company performance and purchase price allocation percentages.

Read the full report: Cannabis: October 2020

October 2020 Industry Highlights

  • On July 9, 2020, Curaleaf Holdings Inc. completed the $3.5 million acquisition of Virginia’s Kitchen (BlueKudu). The Colorado-based company, which does business as BlueKudu, specializes in handcrafted adult-use recreational and medical products. This includes gummies, chocolates, bonbons, and baked goods.
  • On September 8, 2020, Emerald Health Theapeutics, Inc. announced the sale of Pure Sunfarms Corporation to Village Farms International, Inc. for approximately $62 million. Village Farms International, Inc., together with its subsidiaries, produces, markets, and distributes greenhouse-grown tomatoes, bell peppers, and cucumbers in North America.
  • Read the full October 2020 Cannabis industry report.

Past Industry Updates:

Cannabis: July 2020

Cannabis: May 2020

Cannabis: December 2019

Cannabis: October 2019

More Industry Reports