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Planet 13 Holdings Inc., a leading vertically-integrated multi-state cannabis company, completed on May 10, 2024 its previously announced acquisition of VidaCann, LLC in a deal valued at approximately $87.4 million (US$63.4 million).
Wildeboer Dellelce LLP acted as Canadian legal counsel for Planet 13 in connection with the Acquisition with a team comprised of Charlie Malone, Ragu Anantharajah and Jeff Arnold (corporate/securities/mergers and acquisitions) and Marija Tasevska (tax).
9496 7346 Quebec Inc. acted as financial advisor to VidaCann and Cobb Cole, P.A. served U.S. counsel.
Parties
Company
Planet 13 Holdings Inc.
Company
VidaCann, LLC
Deal Type
Merger & AcquisitionIndustry
AgricultureTransaction
$ 87,471,395Deal Status
ClosedClosing Date
10 May 2024