UK headquartered health and wellness brand Naturecan has acquired IAH Oregon, an £8m CBD production facility. The facility has supplied Naturecan with CBD used in its products and this move will enable Naturecan to ramp up production across its range as well as supply CBD for other brands.
Andy Duckworth, CEO, Naturecan said: “This is a very exciting time for Naturecan. We have acquired what we believe to be one of the world’s best CBD extraction facilities. It means we can continue to give Naturecan customers the very best products they have grown to expect.”
Naturecan which is backed by Freddie Flintoff sells its CBD products around the world and is experiencing record demand from customers in the UK, Europe and Asia.