Acquiring Company
THC Therapeutics
Acquired Company
The Headquarters Group
MedfordMedfordCannabisBiotechnologyFarmingCannabisDescription
THC Therapeutics, Inc. has acquired The Headquarters Group, Inc. in an all-share transaction valued at $11 million. This acquisition allows THCT to expand its operational capabilities in the cannabis market. The combined expertise aims to enhance efficiencies and drive significant revenue growth. The deal positions THCT as a leader in the California and Oregon cannabis markets.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed