trending Market Intelligence /marketintelligence/en/news-insights/trending/ar30XaitTtFDknDZS2mPuA2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Canada's Chemesis International acquires cannabidiol product line


Q1 2021 Global Capital Markets Activity: SPAC IPOs, Issuance in Consumer Discretionary Sector Surge


COVID-19 Impact & Recovery: Private Equity

COVID-19 Impact & Recovery: Corporates


COVID-19 Impact & Recovery: Investment Banking

Canada's Chemesis International acquires cannabidiol product line

Chemesis International Inc. acquired Viverian, a hemp-derived cannabidiol product portfolio.

The Viverian product line includes cannabidiol tinctures and capsules for improved sleep and wellness, and is being distributed in Arizona, Nevada and Florida through an online e-commerce platform.

As part of the deal, Vancouver, British Columbia-based Chemesis will pay US$500,000 in stock priced at market close Dec. 14.

The retail cannabis distributor will expand into a retail strategy and additional states for online shipping in 2019, once cannabidiol regulations are put into place.