CBD Mergers & Acquisitions

Aurora Cannabis promotes Martin to chief commercial officer role

Aurora Cannabis is promoting one of its own to the role of chief commercial officer. The Edmonton, Alberta-based company named Miguel Martin, president of Aurora USA and head of CBD brand Reliva, to the role effective immediately.

Perrigo enters CBD market with Kazmira partnership

Perrigo and Kazmira's partnership includes an investment in Kazmira's manufacturing capabilities and a supply agreement that ultimately will bring store-brand CBD products to U.S. retailers.

Puration set to close CBD sexual wellness acquisition

The Dallas-based company’s buy of a CBD-infused sexual wellness company is set to be finished on June 25, marking its fourth acquisition this year.

Entoura acquires Atalo Holdings

Entoura said it plans to use Atalo’s existing brands and product to grow its product offerings and offer private label services, including industrial hemp genetics, flower and hemp oil extraction.

Canadian court clears Abacus acquisition by Charlotte’s Web

With the approval, the companies expect the deal — for which Charlotte’s Web is paying a total equity consideration of $99 million in stock to Abacus shareholders — to close on or about June 11.

Charlotte's Web strikes acquisition deal with Abacus Health

The deal, a $99 million equity consideration, will give Charlotte's Web a nearly 35% market share in the food/drug/mass CBD category.

Puration looks to acquire CBD sun care maker

Puration has entered into a letter of intent to acquire a business producing a CBD-infused sun care product, potentially positioning the company to enter the market, which Statista pegs at $8.5 billion.

Abacus Health acquires Harmony Hemp

Harmony Hemp is known for its CBD-infused personal care products that have national distribution into more than 4,000 grocery and drug stores.