Apothecanna to be Acquired by HempFusionMay 17, 2021
HempFusion Wellness Inc. (TSX:CBD.U) (US:CBDHF) (FWB:8OO) has entered into a purchase agreement to acquire 100% interest in APCNA Holdings LLC (“Apothecanna”) for consideration of up to US$25 million.
HempFusion Wellness Inc. is a leading health and wellness company offering premium probiotic supplements and products containing CBD. Apothecanna is an established brand in the premium CBD topical space.
Wildeboer Dellelce LLP acted for Apothecanna with a team comprised of Jeff Hergott (corporate/securities and mergers and acquisitions) and Katy Pitch (tax).