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Highway Cannabis Company acquires Pleasantrees

PRIVATEOct 28, 2025

Acquiring Company

Highway Cannabis Company

Acquired Company

Pleasantrees

Marina Del ReyHarrison TownshipRetailFarmingCannabisRetail

Description

Highway Cannabis Company has acquired Pleasantrees, expanding its retail locations from three to eight in Michigan. This acquisition marks Highway's entry into a rapidly growing cannabis market. The deal emphasizes the importance of brand and quality in consumer experience. Highway aims to enhance its operations by leveraging Pleasantrees' established local presence.

Quick answer

Highway Cannabis Company is acquiring Pleasantrees, announced October 28, 2025. Highway Cannabis Company is based in Marina Del Rey, California, United States.

How much did Highway Cannabis Company pay for Pleasantrees?
The deal value was not disclosed.
What does Highway Cannabis Company do?
Highway Cannabis Company is a fast-growing, vertically integrated cannabis operator with flagship locations in Los Angeles and Santa Cruz.
Where are Highway Cannabis Company and Pleasantrees based?
Highway Cannabis Company is based in Marina Del Rey, California, United States. Pleasantrees is based in Harrison Township, Michigan, United States.
Who are the decision-makers at Highway Cannabis Company?
Fundz holds 1 contact at Highway Cannabis Company. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Highway Cannabis Company

Location

13453 Beach Ave

Marina Del Rey, California, United States

About

Highway Cannabis Company is a fast-growing, vertically integrated cannabis operator with flagship locations in Los Angeles and Santa Cruz. The company is expanding its retail and cultivation footprint nationwide, most recently entering the Midwest through the acquisition of Pleasantrees, a leading Michigan-based operator with five retail stores and a large-scale cultivation and processing facility. This acquisition advances Highway’s multi-state expansion strategy, bringing its portfolio to eight retail stores across California and Michigan.

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Frequently asked

Who acquired Pleasantrees?

Pleasantrees was acquired by Highway Cannabis Company, based in Marina Del Rey. The deal was reported on October 28, 2025. Highway Cannabis Company is a fast-growing, vertically integrated cannabis operator with flagship locations in Los Angeles and Santa Cruz. Highway Cannabis Company is privately held and operates in Retail.

When did Highway Cannabis Company acquire Pleasantrees?

Highway Cannabis Company's acquisition of Pleasantrees was reported on October 28, 2025. Highway Cannabis Company has acquired Pleasantrees, expanding its retail locations from three to eight in Michigan. This acquisition marks Highway's entry into a rapidly growing cannabis market. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pleasantrees do?

Pleasantrees is a vertically integrated cannabis operator based in Michigan. The company operates five retail locations and has extensive cultivation and processing capabilities. It is recognized for its strong local brand and commitment to quality. It is privately held, operating in Retail, and is based in Harrison Township.

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