Charlotte’s Web Completes Acquisition of Abacus Health Products

  • Abacus’ consumer brands, CBD MEDIC and Harmony Hemp, as well as the company’s CBD CLINIC brand for professional practitioners, now join the Charlotte’s Web family of brands, and product cross-selling opportunities are available through each company’s distribution network.
  • Abacus CEO Perry Antelman has joined Charlotte’s Web as executive vice president and president of topicals, and Elsner said the company has launched a 100-Day Integration Plan to merge the two brands.
  • Cresco Co-Founder Leaves Company’s Board of Directors, Vireo Health Severs Ties with Former Canopy Growth CEO Bruce Linton: Week in Review
  • This week, Cresco Labs co-founder Joe Caltabiano resigned from the company’s board of directors, effective immediately, after stepping down from his role as president in March.
  • Elsewhere, Vireo Health terminated its employment agreement with former Canopy Growth CEO Bruce Linton.

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