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Kona Gold Solutions, Inc., a hemp and CBD brand focused on the functional beverage sector, has signed a letter of intent to acquire Longwood, Florida-based Flo Beverages, LLC.
Hemp extract processor Socati Corp. has acquired Blue Marble Biomaterials, a manufacturer of natural and sustainable specialty compounds for the global food, fragrance and cosmetic sectors.
Caliva has quickly become a market leader in cannabis consumer products in California, which represents more than 35% of the overall United States legal cannabis market.