$RLBD acquisition of CASH brings with it CASH’s
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Posted On: 06/15/2021 1:48:29 PM
$RLBD acquisition of CASH brings with it CASH’s affiliation with Turning Point Brands, Inc. (NYSE: TPB), a strategic equity shareholder and investor in CASH, as well as a customer for bulk CBD oils and isolates used in Turning Point products. Turning Point has more than 250,000 points of distribution with leading brands such as Zig-Zag®, Stoker’s®, and Beech Nut®.
Speaking with SCV’s Stuart Smith, Kidrin describes the Company’s operations and how it generates multiple revenue streams through its focus on the growing global hemp-derived CBD market. The merger with CASH now allows them to become a publicly traded entity. Thereby allowing both RLBD and CASH to be opportunistic in an explosive market bringing real shareholder value through accretive transactions.
The interview highlights several of key strategic relationships like the resulting affiliation with Turning Point Brands, Inc. (NYSE: TPB), the retention of renowned chemist Dr. Adel Rammal, PhD as Chief Scientific Officer and their multiple existing CBD brands including CBD Pharmacy®, Omega Hemp®, and Humboldt®.
Speaking with SCV’s Stuart Smith, Kidrin describes the Company’s operations and how it generates multiple revenue streams through its focus on the growing global hemp-derived CBD market. The merger with CASH now allows them to become a publicly traded entity. Thereby allowing both RLBD and CASH to be opportunistic in an explosive market bringing real shareholder value through accretive transactions.
The interview highlights several of key strategic relationships like the resulting affiliation with Turning Point Brands, Inc. (NYSE: TPB), the retention of renowned chemist Dr. Adel Rammal, PhD as Chief Scientific Officer and their multiple existing CBD brands including CBD Pharmacy®, Omega Hemp®, and Humboldt®.
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