Rob Gronkowski-Endorsed CBD Company Abacus to be Acquired by Charlotte’s Web

  • Rob Gronkowski-Endorsed CBD Company Abacus to be Acquired by Charlotte’s Web
  • Rob Gronkowski at a press conference announced he is becoming an advocate for CBD and will partner with Abacus Health Products, maker of CBDMedic Topical Pain Products on August 27, 2019 in New York City.
  • Canadian CBD startup Abacus Health Products, maker of the popular arthritis cream and sports ointment CBDMedic, has found a buyer from Colorado.
  • The Toronto-based company, endorsed by former NFL player Rob Gronkowski, will be acquired by Charlotte’s Web Holdings in a deal valued at $69 million, or C$4.39 ($3.04) per share, Charlotte’s Web announced on Monday.

Read full article: observer.com