THC <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Acquires Iconic Oregon Cannabis Brand SugarTop Buddery in $3M All-Share Deal
THC Therapeutics, Inc. has announced its acquisition of SugarTop Buddery, a prominent cannabis brand based in Eugene, Oregon. The transaction, valued at approximately $3 million, was completed through the issuance of newly created Series D Preferred stock. This acquisition enhances THCT's presence in Oregon and supports its strategy to establish a bi-coastal, vertically integrated national cannabis platform. Anna Kaplan, CEO of SugarTop Buddery, expressed optimism about the growth opportunities and the ability to engage new markets on the East Coast. This marks THCT's second strategic acquisition, following its recent purchase of The Headquarters Group. SugarTop Buddery, founded in 2015, is celebrated for its community-driven and music-inspired approach to cannabis, emphasizing artistry, equity, and sustainability.
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