HempFusion Wellness Inc signs deal to buy CBD brand leader Sagely Naturals
HempFusion Wellness inks deal to buy CBD brand leader Sagely Naturals Sagely Naturals generated net revenue of over US$4.19 million in 2020, and will boost HempFusion’s retail distribution by an additional 14,000 plus stores HempFusion has agreed to pay an initial sum of US$25 million, consisting of US$2 million in cash plus US$23 million in HempFusion stock HempFusion Wellness Inc (TSE:CBD.U) (OTCQX:CBDHF) (FRA:8OO) announced it has signed a definitive agreement to acquire Sagely Enterprises, Inc, trading as Sagely Naturals, a provider of premium CBD products for women. ...
Source: proactiveinvestors.com
