Puration, Inc. Acquires CBD Sun Care Product Business

June 4, 2020

Puration, Inc. (PURA) announced the acquisition of a CBD-infused sun care product business as part of a broader campaign to acquire CBD-infused beverage, edible and topical brands. The deal expands PURA's consumer product portfolio and leverages its licensed cannabis extraction technology to enter the estimated $8.5 billion global sun care market.

Buyers
Puration, Inc.
Targets
CBD infused sun care product business (unnamed)
Location
United States
Transaction Type
Buyout

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