World High Life Acquires Love Hemp for $11.23M

Medicinal cannabis investment company World High Life LIFE.NXX announced Monday a deal to buy British cannabis oil brand Love Hemp for $11.23 million. Love Hemp cooperates with more than 1,200 British stores, and some of them are big brands, such as Sainsbury’s (SBRY.L) that sells its CBD-infused water.

The company also declared a share placing to raise up to £5 million.

David Stadnyk, CEO …

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