DENVER, CO. - Mammoth Farms, a leader in sustainable cannabis cultivation, is proud to announce the strategic acquisition of Los Sueños Farms, a major player in the Colorado cannabis scene. This move makes Mammoth Farms not only the world’s largest licensed cannabis grower by plant count and production volume but also marks a significant step in its journey towards industry dominance.
KEY HIGHLIGHTS:
• Mammoth Farms is now the world's largest licensed cannabis grower.
• Acquisition of Los Sueños Farms adds 35,000 plants to the existing 80,000 and expands the outdoor canopy to over 100 acres and indoor grow space to 70,000 square feet.
• Enhanced vertical integration allows for a diverse product range including distillate, vape carts, and gummies at the most competitive pricing.
• Scale of operation enables lower production costs per unit while maintaining high quality.
This landmark deal solidifies Mammoth Farms' status as the world’s largest licensed cannabis cultivation while positioning the company for unprecedented growth, innovation, and interstate distribution with federal legalization on the horizon.
As of June 9th, 2023, the acquisition brings Mammoth Farms' total greenhouse cultivation space to an impressive 70,000 square feet and increases outdoor grow capacity to 100 acres. The Los Suenos facility alone will add over 3,000kg of distillate and 650 kg of live rosin to Mammoth’s annual production. The integration of Los Sueños Farms, renowned as a legacy operation and a pioneer in the shift to traditional agricultural methods, positions Mammoth Farms for unparalleled growth and innovation. Justin Trouard, CEO of Mammoth Farms, highlights the significance: "This acquisition is a milestone for us. It's not just about being the largest; it's about efficiently producing diverse, high-quality cannabis products. This further advances our unique ability in Colorado to control our entire product chain, from cultivation to creating distillates, vape carts, and gummies. This vertical integration is a key component with extreme price fluctuations in legacy markets. Our ability to thrive and expand in such a challenging market as Colorado shows the resiliency of a vertical model that incorporates true agriculture and true manufacturing.”
For media inquiries please contact: Justin Trouard | MammothFarms.com
Denver, CO | 1/23/24
