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Cannabis company Canbiola acquires Pure Health, launches new consumer brand

Cannabis company Canbiola Inc. has completed the acquisition of Pure Health Products LLC and will launch Pure Leaf Oil as its consumer brand.

The acquisition includes Pure Health's laboratory and production facility outside Seattle.

Canbiola CEO Marco Alfonsi said in a Jan. 8 news release that the new Pure Leaf Oil products will mirror the company's Canbiola product line offering. Pure Leaf Oil products will provide access to patients seeking over-the-counter pain relief and wellness products containing cannabidiol, Alfonsi said.

Financial details of the transaction were not disclosed.

Clearwater, Fla.-based Canbiola develops and sells cannabidiol-based products in the U.S. for pain, insomnia, epilepsy, anxiety, inflammation and nausea.