Acquiring Company
Sunderstorm
Acquired Company
Abide Brands
Description
Sunderstorm, an award-winning company in the consumer cannabis space, has acquired Nevada-based Abide Brands, maker of Bounti Vapes. The acquisition allows Sunderstorm to add valuable team members and a new product category to its Nevada portfolio. This is the first acquisition for the California-based company, and it marks the start of a new phase of growth that will include expanding its categories nationally.
Quick answer
Sunderstorm is acquiring Abide Brands, announced June 8, 2023.
- How much did Sunderstorm pay for Abide Brands?
- The deal value was not disclosed.
- What does Sunderstorm do?
- Sunderstorm is one of the largest and most trusted companies in the consumer cannabis space.
Source: Fundz verified event record.
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- Tempur Sealy to acquire Mattress Firm amid review (May 9, 2023)
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- Pantastic Acquires Leading Affiliate Marketing Platform, Refersion (July 12, 2023)
- Itg Brands Announces Acquisition Of Nicotine Pouch Range (June 23, 2023)
Who to call at Sunderstorm, and when
When Sunderstorm changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Sunderstorm raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sunderstorm, from your own LinkedIn network
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Frequently asked
Who acquired Abide Brands?
Abide Brands was acquired by Sunderstorm. The deal was reported on June 8, 2023. Sunderstorm is one of the largest and most trusted companies in the consumer cannabis space. Sunderstorm is privately held and operates in Food And Beverage.
When did Sunderstorm acquire Abide Brands?
Sunderstorm's acquisition of Abide Brands was reported on June 8, 2023. Sunderstorm, an award-winning company in the consumer cannabis space, has acquired Nevada-based Abide Brands, maker of Bounti Vapes. The acquisition allows Sunderstorm to add valuable team members and a new product category to its Nevada portfolio. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Abide Brands do?
Nevada-based Abide Brands is the maker of Bounti Vapes, one of the top-selling vape brands in the state. Bounti, a boutique craft brand, was introduced by Las Vegas natives as a contrast to the low-quality products flooding the market. It is privately held, operating in Food And Beverage.
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