Canadian Marijuana Company, Cronos Group, to Invest $300 Million in U.S. Hemp Market

Canadian Marijuana Company, Cronos Group, to Invest $300 Million in U.S. Hemp Market
Canadian Marijuana Company, Cronos Group, to Invest $300 Million in U.S. Hemp Market

Cronos Group will invest $300 million into acquiring four operating subsidiaries from U.S. based Redwood Holding Group, LLC. “Based in Los Angeles, Redwood produces, markets and distributes hemp-derived CBD products, including skin care, bath items and gummies, throughout the United States under the Lord Jones brand.”

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