trending Market Intelligence /marketintelligence/en/news-insights/trending/7R_g1t4uTLB8aWzKdrIADg2 content esgSubNav
In This List

Cannabis companies Khiron, Canapalife call off acquisition deal

Case Study

Identifying PPE Suppliers During the Pandemic

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Video

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021

Blog

Corporate Credit Risk Trends in Developing Markets: A Loss Given Default (LGD) Perspective


Cannabis companies Khiron, Canapalife call off acquisition deal

Khiron Life Sciences Corp. said the letter of intent to acquire Padua, Italy-based private hemp company Canapalife Group has expired and both companies have agreed to shelve the transaction.

Toronto-based cannabis company Khiron Life signed a nonbinding letter of agreement to acquire Canapalife Srl and Campodoro Srl for C$15 million in April.

Hillcrest Merchant Partners Inc. was the adviser for the transaction.

Khiron Life recently completed the acquisition of Uruguay-based cannabis company NettaGrowth International Inc. and its wholly owned unit Dormul SA.