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Benzinga
Benzinga
Business
Nina Zdinjak

EXCLUSIVE: 3 Famed Cannabis Genetics Providers Announce Merger And Initial Public Offering

The legendary global seed bank headquartered in Amsterdam, Barney's Farm Genetics has entered an agreement to merge with Sensi Seeds, a pioneering international seed library and the California-based online marijuana seed bank ILGM. The announcement took place at MJ BizCon, the world's leading annual cannabis conference and trade show, in Las Vegas, Nevada.

"2025 will be a transformative year, not only for our business, but for growers and cannabis connoisseurs worldwide," stated Derry Brett, founder of Barney's Farm Genetics and the newly formed group's CEO. "This is more than a business merger — it's a game changer, uniting our reputation for prestige genetics with Sensi's vast library of heritage seed and ILGM's loyal customer base of home growing enthusiasts. Once combined, we'll be able to offer growers the most unique, elevated and sought-after cannabis genetics on the market."

The merger is expected to close in 2025 allowing the three companies to continue operating as distinct brands under one governing umbrella. Upon closing the transaction, the group plans to go public in the U.S. They believe this will be the first publicly traded cannabis seed company.

Ben Dronkers, founder of Amsterdam-headquartered Sensi Seeds, stressed the importance of the merger’s cultural value. "This partnership strikes a balance between honoring the legacy market and shaping a brighter future for the cannabis industry," Dronkers said in a statement. "We are devoted to innovation, quality, and preserving the rich diversity of this extraordinary plant."

Read Also: Best Seed Banks: Buy Legal Marijuana Seeds From Reputable Vendors

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Key Merger Benefits

The three companies highlighted the key advantages of this business combination, which include:

  • Collaborative strength: Retaining the unique identities of each brand while benefiting from collective expertise.
  • Premium quality: Establishing gold standards in product safety and agricultural excellence.
  • Seamless integration: Creating synergies for improved value and a superior customer experience.
  • Global expansion: Leveraging unparalleled distribution to reach new and underserved markets.

"The global community of cannabis growers are the true beneficiaries of this unique collaboration," said Ernst Rustenhoven, CEO of ILGM. "From the start, ILGM has been committed to empowering home growers with resources, education and access to premium seeds. By partnering with two prestigious heritage brands like Barney's Farm Genetics and Sensi Seeds, we're unlocking a new level of potential that will enrich and expand our catalog of world-class genetics."

Barney's Farm Genetics has nearly 40 years of expertise in cannabis seed breeding and over the last decade has produced some of the world's most popular varieties of cannabis, winning the Cannabis Cup and Indica/Sativa Cups with G13 Haze, Liberty Haze, Amnesia Haze, Willie Nelson, Cookies Kush, Pineapple Chunk, Tangerine Dream and many more.

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Photo: Courtesy of Ryland zweifel via Shutterstock

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