UK-based CBD group Tenacious Labs launches with US acquisition
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...
Source: thegrocer.co.uk