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Spherex acquires two cultivation facilities

PRIVATEOct 06, 2026

Acquiring Company

Spherex

Acquired Company

The Cannabist Company Holdings

DenverNew YorkAgriculture and FarmingCannabisOtherManufacturingHealthcareAgriculture and FarmingCannabis

Description

Spherex has announced the acquisition of two cultivation facilities from The Cannabist Company and its affiliates. This deal represents Spherex's first acquisition and is aimed at expanding its operations significantly. The facilities include an indoor cultivation site and an outdoor operation in the Denver area. This move will enable Spherex to become vertically integrated in the cannabis industry.

Company Information

Company

Spherex

Location

Denver, Colorado, United States

About

Spherex is Colorado’s leading cannabis brand known for its quality products. The company aims to innovate within the cannabis market. With a strong local presence, Spherex is dedicated to providing top-notch cannabis solutions. This acquisition marks a strategic move towards vertical integration.

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Frequently asked

Who acquired The Cannabist Company Holdings?

The Cannabist Company Holdings was acquired by Spherex, based in Denver. The deal was reported on October 6, 2026. Spherex is Colorado’s leading cannabis brand known for its quality products. The company aims to innovate within the cannabis market. Spherex is privately held and operates in Agriculture and Farming.

When did Spherex acquire The Cannabist Company Holdings?

Spherex's acquisition of The Cannabist Company Holdings was reported on October 6, 2026. Spherex has announced the acquisition of two cultivation facilities from The Cannabist Company and its affiliates. This deal represents Spherex's first acquisition and is aimed at expanding its operations significantly. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does The Cannabist Company Holdings do?

The Cannabist Company Holdings Inc. is one of the largest and most experienced cultivators, manufacturers, and retailers of cannabis products in the U.S. It is privately held, operating in Other, and is based in New York.

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