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    • Gama Field Services
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  • CATEGORIES
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Heavenly Rx

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1 MIN READ

USA: HeavenlyRx acquires majority stake in Tru Brands

August 1, 2019
-
Food, Mergers & Acquisitions, North America

HeavenlyRx, a hemp and CBD company, has announced the acquisition of Tru Brands, a US health and wellness company marketing plant-based bars and nutritional powder. Under the agreement, Heavenly Rx will acquire a 51% stake in Tru Brands for $3.5 million in cash and $2.57 million in company stock. Tru Brands currently markets a brand called Truwomen, with a line up of products that “boast the use of clean, plant …

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