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Two Rivers buys three companies to boost hemp production

Denver-based Two Rivers Water & Farming Co. said it acquired Vaxa Global LLC, Ekstrak Labs LLC and Gramz Holdings LLC.

Financial terms of the deal were not disclosed.

Two Rivers will use the water and land associated with the three hemp-focused businesses to grow, cultivate, process and sell hemp-based products. The combined companies will focus on irrigated farmland in Huerfano County, Colo., owned by Two Rivers.