Deal Snapshot
CANIBRANDS ACQUIRES SONDER TO ESTABLISH CANNABIS CENTER OF EXCELLENCE
Thursday 14 March 2019

US-based consumer packaged goods company CaniBrands, which is entering the US cannabis and hemp CBD markets, is acquiring Sonder to establish a Center of Excellence for inhalable products in Santa Rosa, California, the company said. Sonder's premium, sun-grown, sustainable, 100% pesticide and additive-free cannabis oil concentrate is available in pre-filled industry leading vape cartridges.
Sonder sources their cannabis from their family-owned farm and a state-licenced supply chain, growing cannabis in an ideal terroir: The Emerald Triangle (Mendocino County). Sonder will extract and manufacture products in a strategically located 3,000 sq. ft. facility in Santa Rosa, California.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 14/03/2019
Target: Sonder,  
Country: USA
Sector: Consumer Products
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: CaniBrands
Comment:
Terms of the deal were not disclosed

Options