cbdMD, Inc (NYSE American: YCBD), a leading innovator in hemp-derived wellness products, announces the closing of the acquisition of substantially all of the assets of Bluebird Botanicals, one of the longest-standing brands in the CBD industry, providing an established and complementary revenue base to strengthen cbdMD’s long-term growth strategy. The acquisition brings together two mission-aligned brands that share an unwavering focus on quality and consumer experience. Bluebird Botanicals has cultivated a loyal consumer following over more than a decade and attracted backing from Juggernaut Capital Partners, a middle-market private equity firm focused on consumer and healthcare investments.
Read the full article: cbdMD Announces Strategic Acquisition of Bluebird Botanicals //
Source: https://www.prnewswire.com/news-releases/cbdmd-announces-strategic-acquisition-of-bluebird-botanicals-302660807.html