logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Boston Hemp Inc. Acquires Delta-8 High Life Holdings Llc In $2.8 Million Hemp Industry Acquisition

Apr 15, 2022•over 3 years ago

Acquiring Company

Hemp

Acquired Company

Delta-8 High Life Holdings

Food And BeverageData And AnalyticsHealth CareCommunity And Lifestyle

Description

Boston Hemp Inc, one of largest Delta-8 and hemp wholesalers in the United States, has acquired High Life Holdings LLC, expanding their already extensive market share within the industry. The acquisition would especially raise Boston Hemp's profile in the vape sector, further expanding their HHC, Delta-8, THC-O, and CBD selection, and making them one of the largest online retailers for vape carts and disposable vape products in the industry.

Company Information

Company

Hemp

About

New Frontier Data is the premier data, analytics and technology firm specializing in the global cannabis industry, delivering solutions that enable investors, operators, advertisers, brands, researchers and policy makers to assess, understand, engage and transact with the cannabis industry and its consumers. Our mission is to inform policy and commercial activity for the global legal cannabis industry. We maintain a neutral position on the merits of cannabis legalization through comprehensive and transparent data analysis and projections that shape industry trends, dynamics, demand and opportunity drivers. Founded in 2014, New Frontier Data is headquartered in Washington, D.C. with a presence in Europe, Latin America and Africa. For more information about New Frontier Data, please visit us at www.NewFrontierData.com.

M&A Insights

Based on deal data
Integration 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