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GrowerIQ Completes Acquisition of Ample Organics, Establishing Market Leadership in Cannabis Technology

GrowerIQ, a prominent cannabis technology company, is thrilled to announce its successful acquisition of Ample Organics, a pioneering force in Canadian cannabis technology.

The strategic acquisition, finalized in December 2023, signifies a major expansion in GrowerIQ’s footprint within Canada and on the international stage, introducing exciting technological options to the portfolio available to licensed cannabis producers worldwide.

This significant all-cash acquisition positions GrowerIQ as the market leader in Canada and Europe, boasting the largest market share in the sector. The company is pleased to confirm that all members of Ample Organics’ team have joined GrowerIQ, further enhancing the combined entity’s capabilities.

John Prentice, the former Founder of Ample Organics, expressed his enthusiasm about the acquisition, stating, “This marks another significant milestone for Ample Organics. Joining forces with GrowerIQ opens up new opportunities for innovation and growth for the company within the cannabis technology landscape. The combined expertise and resources of both teams will undoubtedly create brilliant solutions for licensed cannabis producers globally.”

Andrew Wilson, Founder of GrowerIQ, shared his vision for the combined entity, stating, “The acquisition of Ample Organics is a strategic move that aligns with our mission to provide the most effective management solutions for our incredible producers around the world. We are excited to welcome the talented team from Ample Organics and look forward to our journey together.”

About Ample Organics:

Founded in 2014, Ample Organics is a pioneer in the cannabis technology ecosystem. The technology platform makes compliance easy by tracking individual plants from seed to consumer and reporting every detail of the growth, production, and sales processes. The software continues to be a trusted solution for cannabis producers, manufacturers, distributors, physicians, clinics, laboratories, retailers, and educators. For more information, visit www.AmpleOrganics.com.

About GrowerIQ:

GrowerIQ is the operational backbone ERP that unites the fragmented systems required by cannabis production facilities around the world. The company now powers facilities in more than a dozen countries and four languages, enabling true seed-to-sale traceability. For more information, visit www.GrowerIQ.com.

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Partnership
Produced by Prohibition Partners in collaboration with RELM

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