Veritas Farms Acquires Asystem And Asystem Labs As Part Of Growth Strategy To Build The Next Generation Of Innovative Wellness Brands
Veritas Farms Acquires Asystem And Asystem Labs As Part Of Growth Strategy To Build The Next Generation Of Innovative Wellness Brands
08/28/23, 12:07 PM
Location
fort lauderdaleveniceveniceIndustry
health care
nutrition
e commerce
dietary supplements
health care
nutrition
e commerce
dietary supplements
health care
via NewMediaWire -- Veritas Farms, Inc. (OTCQB: VFRM), a leading wellness brand within the hemp/CBD space, has announced today that it has completed the acquisition of innovative, science-forward supplements brand ASYSTEM and their product development arm, ASYSTEM Labs.
Company Info
Location
1512 e. broward blvd
Fort Lauderdale, Florida, United States
Company info
Veritas Farms, Inc. (OTCQB: VFRM) is a Hemp/CBD company on a mission to help pets and people combat stress, difficulty sleeping, and tension relief through the use of cannabinoids and functional ingredients such as l-theanine, cordyceps, reishi, chamomile, and more. Their current assortment focuses on relaxing products for pets and relaxing, sleep, tension, energy, and immunity products for people, with assortments available on TheVeritasFarms.com and mass retailers such as Bi-Mart, Publix, Emerson Healthcare, and Kroger.
Recently, Veritas has decided to pursue a roll-up strategy and expand beyond CBD and into the multi-billion dollar wellness industry by acquiring and merging brands with a wellness focus under the publicly traded companies umbrella.