Cannabis Capital Capital Raises in the U.S. – June 1st to 15th, 2025
Three interesting transactions closed in the Cannabis sector over the past two weeks. If you would like more info or would like to discuss the capital raising market for your company, please contact me.
Merger/Acquisition
- Deep Roots Harvest, medical cannabis intended to serve consumers across Nevada, was acquired by Vireo Growth and Chicago Atlantic for $132.7 million on June 9, 2025.
- Highsman, cannabis lifestyle brand intended to come up with curated cannabis, apparel, and accessories, was acquired by Trulieve Cannabis for on June 9, 2025.
- Proper Cannabis, cannabis recreational and medical products based in Saint Louis, Missouri, was acquired by Vireo Growth for $102 million on June 5, 2025.
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Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
