Creso Pharma is entering the US CBD market by acquiring Sierra Sage Herbs (SSH) in an all-scrip deal worth US$21m upfront, subject to shareholder approval.
Founded in 2008, SSH is a consumer packaged goods company focused on plant-based and CBD products under the Green Goo, Southern Butter and Goodgoo brands. It services the CBD, first aid, beauty, sexual wellness, women’s health and pet categories and has more than 90,000 distribution points and 150,000 customers across the US.
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