Charlotte’s Web CBD acquires Rob Gronkowski’s choice brand

Charlotte’s Web CBD acquires Rob Gronkowski’s choice brand


A company that grew famous with the endorsement and promotion of former Patriots tight end Rob Gronkowski is being purchased by a giant in the CBD industry.


Charlotte’s Web CBD recently announced it was purchasing Abacus Health Products, which manufactures the CBDMEDIC products Gronkowski made waves in 2019 by endorsing.


According to Observer, the buyout was valued at $69 million dollars and the stock prices of both parties leapt after the Monday announcement. [1]


The joint company after the merger will be the largest purveyor of hemp and CBD products in the entire industry, which only recently began to bloom again after decades of federal prohibition on the industrial hemp crops that make CBD possible.


“During my career, I pushed myself while recovering from nine surgeries and countless injuries,” Gronkowski told Fox Business last year. [3]


Gronkowski was amazed at the pain relief he found in CBD, and in many ways he kicked off a nationwide trend of athletes turning to the powers of natural hemp products. Now, multiple athletes in major sports leagues like the NFL, MLB, PGA Tour and elsewhere swear by CBD.


“Once I retired, I looked for better and more natural ways to recover and discovered CBDMEDIC. These products have helped me safely manage pain better than anything else I’ve tried. Building on my own experience with CBDMEDIC for pain, I’m inspired to work with the company to introduce new CBD products to the market.” [3]


If you’re looking for a reliable vendor of Charlotte’s Web CBD products, look no further than Nothing But Hemp!


A dedicated and expert staff waits at every Nothing But Hemp location and online to field your questions, educate you on CBD science and cutting edge products and bring you the right type of hemp for your needs, including award-winning organic products like Charlotte’s Web.


That’s not all Nothing But Hemp has on offer, however, and Minny Grown CBD, Siskiyou Sungrown CBD, Plant Diva CBD and a host of other options will surely leave each customer relieved knowing they have just the right solution for their circumstance.


Covid-19 hasn’t stopped Nothing But Hemp’s operations, either. Customers can order online, via phone or mail order, and even receive curb side pickup at select Nothing But Hemp locations to accommodate these troubling times of public health uncertainty.


Stay well, and check out organic CBD at Nothing But Hemp today!


Sources

[1] https://observer.com/2020/03/abacus-cbdmedic-maker-to-be-acquired-by-charlottes-web-stock/

[2] https://www.prnewswire.com/news-releases/charlottes-web-to-acquire-abacus-health-products-for-combined-35-marketshare-of-cbd-in-fooddrugmass-retail-channel-301028144.html

[3] https://www.nothingbuthemp.net/post/former-patriots-star-rob-gronkowski-turns-to-cbd

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