The acquisition of Mellow by US cannabis and CBD investment firm Thought Leaders will position the UK-based CBD marketplace to open in the US and bolster its position in Asia.
The £10m ($13.25m) deal includes Mellow’s online store, its e-commerce service business, and 50% of Mellow Asia, which recently launched with a flagship store in Hong Kong.
CBD-Intel talks to Mellow co-founder Neil Tunbridge.
This article was written by one of CannIntelligence’s international correspondents. We currently employ more than 40 reporters around the world to cover individual cannabis and cannabinoid markets. For a full list, please see our Who We Are page.
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