CompletedConsumer & Retail14 May 2024

Planet 13 Holdings Inc. to acquire VidaCann, LLC

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

Deal facts

Buyer
Planet 13 Holdings Inc.
Target
VidaCann, LLC
Deal value
USD 63,400,000
Announced
14 May 2024
Status
Completed
Sector
Consumer & Retail
Country
United States
Consideration
cash, shares, loan-note
What we know

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Deal timeline

1 update
  1. CompletedClosed

    Planet 13 Holdings Inc. completes acquisition of VidaCann, LLC

    Item 2.01 Completion of Acquisition or Disposition of Assets. On May 10, 2024 (the “Closing Date”), the Company completed its previously announced acquisition of all of the membership interests in VidaCann, LLC (the “VC Acquisition”) pursuant to a Membership Interest Purchase Agreement dated August 28, 2023 with VidaCann, LLC (“VidaCann”), Loop’s Dispensaries, LLC (“Dispensaries”), Ray of Hope 4 F

    Source

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Buyer history

Planet 13 Holdings Inc.

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Methodology

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