Acquiring Company
Kiva Sales & Service
Acquired Company
Petalfast
OaklandIrvineLogisticsCannabisOtherProfessional ServicesDescription
Kiva Sales & Service and Petalfast have completed their merger on Aug. 17, 2026. This strategic combination unites two established cannabis sales and distribution operations. The merger aims to enhance distribution offerings and expand their brand roster across California and beyond.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Petalfast?
Petalfast was acquired by Kiva Sales & Service, based in Oakland. The deal was reported on August 25, 2026. Kiva Sales & Service is an industry-leading sales and distribution agency connecting dispensaries throughout California with premium cannabis products. Kiva Sales & Service is privately held and operates in Logistics.
When did Kiva Sales & Service acquire Petalfast?
Kiva Sales & Service's acquisition of Petalfast was reported on August 25, 2026. Kiva Sales & Service and Petalfast have completed their merger on Aug. 17, 2026. This strategic combination unites two established cannabis sales and distribution operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Petalfast do?
Petalfast is the first-of-its-kind route-through-market platform for the cannabis industry. It is privately held, operating in Other, and is based in Irvine.
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