trending Market Intelligence /marketintelligence/en/news-insights/trending/ratctxcj4mtjgb054qaq_a2 content esgSubNav
In This List

Liberty Health to acquire 75% of US cannabis license holder

Blog

Baird Research is Now Exclusively Available in S&P Global’s Aftermarket Research Collection

Blog

Japan M&A By the Numbers: Q4 2023

Blog

Essential IR Insights Newsletter Fall - 2023

Case Study

A Corporation Clearly Pinpoints Activist Investor Activity


Liberty Health to acquire 75% of US cannabis license holder

Toronto's Liberty Health Sciences Inc. agreed to acquire 75% of Massachusetts-based William Noyes Webster Foundation Inc. for $16 million.

The foundation has an integrated medical cannabis license in the U.S. state, operating a dispensary and a cultivation and processing facility in Plymouth nearing completion.

Liberty Health said the transaction, which is expected to close in May, expands its footprint in the U.S. to Massachusetts. The acquisition remains subject to governmental approvals, and follows similar deals in the U.S.