CBD beverage maker eyes global expansion via $85M purchase of Utah company

MJBizDaily
By Roger FillionDec 4, 2018, 12:58 pm216 pts
A Denver company that makes CBD beverages has agreed to acquire a Utah beverage company to increase its distribution might, especially in Asia. New Age Beverages Corp. (Nasdaq: NBEV) announced Monday that it will acquire privately held Morinda Holdings of Provo, Utah, for $85 million. Here’s what you need to…

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