Creso Pharma Acquires Sierra Sage Herbs
February 7, 2022
Australian-listed Creso Pharma Limited has acquired U.S.-based Sierra Sage Herbs, the maker of Green Goo, Southern Butter and Good Goo, for an upfront payment of $21 million plus additional performance-based payments. The acquisition gives Creso an immediate entry into the U.S. natural personal-care and CBD markets and adds a portfolio of established retail and direct-to-consumer consumer products to Creso's cannabis- and hemp-based product lines.
- Buyers
- Creso Pharma Limited
- Targets
- Sierra Sage Herbs
- Industry
- Consumer Products
- Location
- Colorado, United States
- Transaction Type
- Buyout
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