Connecticut-based BR Brands, which owns and distributes a range of marijuana and hemp products, acquired Mary’s Brands, the Colorado maker of a cannabis skin patch.
Terms of the acquisition were not made public.
Mary’s Brands include:
- Mary’s Medicinals, a line of THC products.
- Mary’s Nutritionals, a line of hemp-derived CBD products.
- Mary’s Whole Pet, a line of hemp-derived CBD products.
Based in Greenwich, Connecticut, BR Brands also announced it has raised $60 million in a Series A capital raise backed by its strategic capital partner, Rose Capital.
BR Brands also announced investments in companies making THC-infused chocolates and beverages.
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