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48North - Ownership and Business Overview

Consumer ProductsCompany

48North Ownership

Who owns 48North?

48North is owned by HEXO. It was acquired on May 17, 2021.

48North Business Overview

Where is 48North headquartered?

48North is headquartered in Toronto, Ontario.

What is 48North’s revenue?

48North disclosed revenue of 9M USD for 2020 and 5M USD for 2019.

What sector is 48North in?

48North is a consumer products company.

Consumer Products M&A Summary in 2021

Out of 60 sectors in the Mergr database, consumer products ranked 8 in number of deals in 2021. The largest consumer products acquisition in 2021 was The Bountiful - which was acquired by Nestlé S.A. for $5.8B.

Subscribe to Mergr to view all 382 acquisitions of consumer products companies in 2021, including 101 acquisitions by private equity firms, and 281 by strategics.

48North

48North Cannabis Corp.

257 Adelaide Street West, Suite 500,
Toronto, Ontario M5H 1X9
Canada,
(416) 639-5891
www.48nrth.com

48North operates as a cannabis company in the health and wellness market in Canada. The company offers bath salts, intimacy oils, flowers, pre-rolls, body cream and oil, vapes, pressed hash, and accessories under 48North, Apothecanna, First Harvest, Avitas, F8, Trail Mix, and Latitude brands. It also provides LAT, a publication and creative platform that empowers women to connect, engage, and learn through their experiences with cannabis. 48North is based in Toronto, Canada.


Company Summary

SECTOR

Consumer Products

Revenue

9   80% 2020
5   2019
(millions of USD)

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