Morrison & Foerster advised Greenlane Holdings, Inc. ("Greenlane"), a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products, in connection with its acquisition of DaVinci, a leading developer and manufacturer of premium portable vaporizers. The transaction is expected to close in the fourth quarter of 2021.
Founded in 2005, Greenlane serves a diverse and expansive customer base with more than 8,000 retail locations, including licensed cannabis dispensaries, smoke shops, and specialty retailers. As a pioneer in the cannabis space, Greenlane is the partner of choice for many of the industry's leading multi-state operators, licensed producers, and brands.
The MoFo deal team advising Greenlane was led by Denver corporate partner Erik Knudsen and Washington, D.C. partner Justin Salon, together with San Francisco associate Hunter Moss, Denver associate David Rolla, and Washington, D.C. associates John Hensley and Thomas Webb.
Read more about the transaction in Greenlane's press release.