Company Overview

Company name: Grander Distribution
Description: Producer and distributor of health and wellness products. The company primarily focuses on hemp-derived wellness products which are made in the USA and are available for sale in approximately 10,000 retail locations worldwide.
Year founded:
Parent company:
Industry: Healthcare | Group: | Code:
Website: www.granderdistro.com
Employees:
City: Boca Raton
State: Florida
Country: United States
Region: Americas

Financial Highlights

Start up capital raised (USD Million):
Business status: Generating Revenue
Ownership: Privately Held (no backing)
Exchange:
Ticker:
Revenue (USD Million): 14.00
Gross profit (USD Million):
Net income (USD Million)
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
Fiscal period: FY 2018
Financing Status: The company reached a definitive agreement to be acquired by TerrAscend (CNQ: TER) for $23 million on December 24, 2018. The company will receive a contingent payout of an additional $13 million upon the completion of revenue targets of $35 million in 2019 and $50 million in 2020. This acquisition will enable TerrAscend to enter US cannabis market.
Number of active investors:
Profile last updated: 28-Dec-2018
Last known valuation: 23.00
Last known valuation date: 24-Dec-2018