Terms of the acquisition had been not created public.
Right after the deal closed, Mary’s Brands CEO Lynn Honderd stepped down as CEO but remains an adviser.
Mary’s Brands include things like:
- Mary’s Medicinals, a line of THC solutions.
- Mary’s Nutritionals, a line of hemp-derived CBD solutions.
- Mary’s Complete Pet, a line of hemp-derived CBD solutions.
Primarily based in Greenwich, Connecticut, BR Brands also announced it has raised $60 million in a Series A capital raise backed by its strategic capital companion, Rose Capital.
BR Brands also announced investments in providers creating THC-infused chocolates and beverages.
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