Friday, July 12, 2019

CBD company ups stake in beverage brand to secure 50-state distribution

A Toronto-based hemp and CBD investment company increased its stake in a traditional soda company with an eye toward developing CBD-infused beverages with the brand. HeavenlyRx bought 15 million shares in Jones Soda Co. for $9 million and now holds 39% of the Seattle-based beverage manufacturer. The deal also gives HeavenlyRx two seats on Jones Soda’s board. Jones […]

CBD company ups stake in beverage brand to secure 50-state distribution is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs



source https://hempgenixs.com/2019/07/12/cbd-company-ups-stake-in-beverage-brand-to-secure-50-state-distribution/?utm_source=rss&utm_medium=rss&utm_campaign=cbd-company-ups-stake-in-beverage-brand-to-secure-50-state-distribution

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