Marijuana technology company GrowerIQ has completed its acquisition of Ample Organics, a Canadian tech platform business, in a deal the Toronto-based business says represents a major expansion in its Canadian and international footprint.
GrowerIQ bought Ample from U.S.-based Akerna Corp., according to a news release.
ADVERTISEMENT
The companies did not disclose the price of the all-cash transaction, but the release called the cost “significant.”
The acquisition was finalized in December 2023 and announced this week, GrowerIQ said in the release.
“The acquisition of Ample Organics is a strategic move that aligns with our mission to provide the most effective management solutions for our incredible producers around the world,” GrowerIQ founder Andrew Wilson said in a statement.
“We are excited to welcome the talented
Read full article on Marijuana Business Daily