Canavation Product Group Acquires Consumer Product Division From Teewinot Life Sciences

BevCanna Enterprises Acquires Naturally Pure Therapy Products Corp.

September 4, 2020

Consumer Products

BevCanna Enterprises Inc. entered into a share exchange agreement to acquire Naturally Pure Therapy Products Corp., a direct-to-consumer e-commerce retailer of natural health, nutraceutical and hemp-based CBD products. BevCanna will issue 30,000,000 common shares (deemed $0.20 per share; total deemed consideration C$6,000,000) in exchange for all issued and outstanding securities of Pure Therapy, providing BevCanna with an established e-commerce platform, ~22,000 customers and recurring subscription revenue to support launch and expansion of hemp-based CBD beverages into North America and Western Europe.

Cannabinoid Biosciences Acquires CannabidiolHemp

November 25, 2019

Consumer Products

Cannabinoid Biosciences, Inc., a California-based biopharmaceutical subsidiary of Kid Castle, has acquired CannabidiolHemp (CannabidiolHemp.net), a CBD quality aggregator and validator. The purchase is the first of multiple planned acquisitions intended to build a vertically integrated CBD distribution and supply-chain business across the United States and Canada.

Puration, Inc. Acquires CBD Sun Care Product Business

June 4, 2020

Consumer Products

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.

Pressure BioSciences Announces Plan to Acquire Cannaworx, Inc.

April 29, 2020

Biotechnology

Pressure BioSciences signed a binding letter of intent to merge with Cannaworx, Inc., bringing Cannaworx's portfolio of hemp-derived CBD, cosmeceutical, nutraceutical and veterinary products into PBI's public company. Post-transaction, Cannaworx products are expected to utilize PBI's Ultra Shear Technology to create stable, highly bioabsorbable nanoemulsions and to accelerate product commercialization across consumer, veterinary and agricultural markets.

Vertical Wellness Merges with CanaFarma Hemp Products Corp.

June 30, 2021

Consumer Products

Vertical Wellness has entered into a merger with publicly listed CanaFarma Hemp Products Corp., creating a combined company that will operate under the CanaFarma corporate entity while keeping the Vertical Wellness brand. Vertical Wellness management will run the combined business, which the companies say creates a public platform (valued at over $50 million at announcement) to scale a portfolio of CBD and hemp-related consumer brands and services.

Canopy Growth Acquires This Works

May 22, 2019

Consumer Products

Canopy Growth Corp. acquired London-based beauty and wellness brand This Works for £43 million. The deal gives Canopy a consumer-facing platform to expand into CBD-infused wellness and sleep products and extend its reach across This Works' existing international retail and e-commerce channels.