The maker of cannabis-infused seltzer brand Levia has been acquired by Ayr Wellness in a deal that could reach as much as $60 million, bringing the local brand into a multistate cannabis company.Georgetown-based Cultivauna LLC, which owns Levia, announced that it has signed a deal in which Ayr would acquire 100% of the equity of the company for $20 million in cash and stock, and up to $40 million in additional earnouts based on revenue over the next two years.
Source: Cannabis seltzer brand Levia sold in deal worth up to $60M – Boston Business Journal
