Real Brands, Inc. has closed on its acquisition of the proprietary cannabidiol formulas from Integrative Medicine US, of Coral Springs, Florida.
Real Brands CEO Jerry Pearring said the company is finalizing packaging designs for its four brands -- CBD Pharmacy, HempAid, Humboldt Brands and Omegahemp -- and launching its ecommerce site.
“We are pleased to announce the signing of the definitive agreement to acquire these proprietary formulas,” Pearring said. “This acquisition bolsters our efforts to offer consumers innovative CBD products and, as we previously announced, we intend to use these formulas for our CBD Pharmacy brand and feature the Chinese symbol for healing in our new logo.”
In addition, as part of this acquisition, Jonathan Fields, an acupuncture physician and doctor of Oriental medicine, has entered into an agreement to formulate additional products for Real Brands and become the initial member of Real Brands, Inc.’s Advisory Board.
“I’m pleased to become a member of the Real Brands team and look forward to applying my education and ongoing research into traditional eastern medical therapies to create delivery mechanisms that act synergistically with CBD,” Fields said.