Cronos bought CBD brand Lord Jones for $300 million, CEO’s private firm to collect $120 million
Canadian cannabis company Cronos Group Inc. bought U.S. CBD startup Lord Jones for $300 million, the deal was noteworthy for two reasons: (1.) that the acquisition price was equal to 75 to 150 times the young company’s 2018 revenue of between $2 million and $4 million.
Can CBD Help with Chronic Illness Symptoms?
Chronic illness is defined as a disease that lasts longer than 3 months. Many people suffer from multiple chronic diseases at once. Almost a third of the population is now living with multiple chronic conditions.
USA Triathlon is Now Sponsored by CBD Brand
The sports industry is further taking part of accepting the use of CBD. The USA triathlon has signed a deal with a business that sells CBD products.
This is the first sports organization of its kind as a national governing body of an American sport to partner with a CBD company. Most sports organizations still tiptoe around the idea of CBD as some still associate it with the illicit use of marijuana.
The Benefits of CBD and Sauna Therapy
Sauna therapy is an excellent addition to add to your self care routine. Combining these benefits with the use of CBD can maximize the healing aspects of both regimens. Let’s compare the benefits of CBD and sauna therapy.
What are Cannabinoids?
Cannabinoids, or phytocannabinoids, are active compounds found in the cannabis plant (as well as some other plants). These compounds come with a multitude of health benefits and can be used to alleviate various symptoms and issues.