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HempFusion Signs Definitive Agreement to Acquire Leading CBD Brand Sagely Naturals. DENVER, May 25, 2021–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (US:CBDHF) (FWB:8OO)... #CBD #cbdu #cbdhf
HempFusion To Buy CBD Brand Sagely Naturals For $25M HempFusion Wellness Inc. (TSX:CBD) (OTC:CBDHF) announced Monday it will buy CBD brand Sagely Naturals in a $25 million stock and cash deal. Sagely Naturals is one of the largest female-founded CBD wellness brands. Launched in 2015, it has since worked its way up and onto the shelves of popular retailers such as CVS, Rite Aid (NYSE:RAD), Sprouts Farmers Market (NASDAQ:SFM), Nordstrom (NYSE:JWN), among others. Sagely is said to be number one in CBD topicals with a 23% market share in the pharmacy channel and 13.8% market share in the mul...