BR Brands of Connecticut buys Denver-primarily based Mary’s Brands

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Colorado-primarily based Mary’s Brands, the maker of a marijuana skin patch, was acquired for an undisclosed quantity by BR Brands of Connecticut.

BR Brands, primarily based in Greenwich, Connecticut, owns and distributes a variety of cannabis and hemp goods.

Right after the deal closed, Mary’s Brands CEO Lynn Honderd stepped down as CEO but remains an adviser.

Denver-primarily based Mary’s Brands incorporate:

  • Mary’s Medicinals, a line of THC goods.
  • Mary’s Nutritionals, a line of hemp-derived CBD goods.
  • Mary’s Complete Pet, a line of hemp-derived CBD goods.

BR Brands also announced it has raised $60 million in a Series A capital raise backed by its strategic capital companion, Rose Capital.

The organization also announced investments in organizations producing THC-infused chocolates and beverages.

For extra on this story, click right here.

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