By Alec Mattinson2021-04-06T16:06:00+01:00 A UK-based global CBD brand has launched today with the acquisition of a US direct-to-consumer operator and the promise of more acquisitions to come. Tenacious Labs will be a “buy-and-build” vehicle in the cannabinoid products space and has launched with the acquisition of Denver-based CBD brand Press Pause in a cash-and-shares deal. Tenacious said is harbours “ambitions to become the leading consumer-centric cannabinoid group in the world” and promised further acquisitions in the space in the “coming days”. Initially focussed on the US and UK markets, it will launch in the UK with two new brands – Walker & Morland, a CBD brand created to help those who suffer from chronic pain and anxiety; and Hoo Raa, a CBD brand designed to help manage mood.