Organigram Agrees To Acquire Sanity For An Upfront Payment Of €113.4M Consisting Of €80M Cash And €33.4M In Shares, Sanity Is Entitled To Receive Milestone Payments Of Up To €113.8M
Accretive Acquisition of Sanity Group Establishes Organigram as a Global Pure Play Cannabis Company with Leadership Positions in the World’s Two Largest Federally Legal Cannabis Markets
- Organigram to acquire Sanity Group for up-front consideration of €113.4 million plus a maximum earnout of up to €113.8 million tied to financial performance.
- Proposed Acquisition of the Berlin‑based company unites two leaders in the largest federally legal cannabis markets, boosting commercial opportunities, …