In December 2023, GrowerIQ, a leading cannabis technology company, solidified its market position by acquiring Ample Organics. The all-cash deal enhances GrowerIQ’s presence in the cannabis tech sector, particularly in Canadian and European markets. GrowerIQ’s strategic move not only broadens its operational footprint globally but also integrates the expertise and workforce of Ample Organics, promising innovation and growth. Ample Organics’ founder, John Prentice, and GrowerIQ’s founder, Andrew Wilson, both expressed optimism for the merger’s potential to deliver superior management solutions for licensed cannabis producers worldwide. With the entire Ample Organics team joining GrowerIQ, the company is set to leverage combined skills and resources to innovate and grow within the global cannabis technology landscape.
“Cannabis Technology”, “Mergers and Acquisitions (M&A)”,”Canada”, “Europe”, “Global”
https://mergersacquisitions.einnews.com/article/681458481/tgKV4Y2Hn5JL1SZM?ref=rss&ecode=Q1vNcweEggLWKz7L