Green Growth Brands’ $310 Million Acquisition of Moxie


Canaccord Genuity Corp. acted as GGB financial advisor and Norton Rose Fulbright Canada LLP and Akerman LLP as its legal advisor. Eight Capital acted as Moxie financial advisor and Dorsey & Whitney LLP, Fox Rothschild LLP and Dentons Canada LLP as its legal advisors.

Green Growth Brands entered into a securities acquisition and contribution agreement with MXY Holdings LLC (Moxie) for an all-equity purchase price of $310 million.

Upon closing, the business combination will bring together two major cannabis operators with immediate access to nine key states including California, Florida, Pennsylvania, Nevada, and Massachusetts.

The equity purchase price will be satisfied through the issuance of either GGB Common Shares or Exchangeable LP Units.

The Akerman team was led by Sean Coyle (Picture) for corporate matters, and Ari Gerstin and Zachary Kobrin for regulatory matters.

Involved fees earner: Sean Coyle – Akerman; Ari Gerstin – Akerman; Zachary Kobrin – Akerman;

Law Firms: Akerman;

Clients: Green Growth Brands Inc.;