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HQ Global Education buys hemp CBD producer Green Sky

HQ Global Education Inc. said Sept. 23 that it has agreed to acquire Canadian hemp cannabidiol company Green Sky Solutions Inc.

Financial terms of the deal were not disclosed.

Green Sky, which manufactures and distributes CBD products in the Canadian market, is in final talks with major Canadian retailers to bring hemp CBD tropical products and edibles to retail shelves in the country.

HQ said it will take advantage of Green Sky's offerings as it expands into the Canadian CBD market.

Following the deal, Green Sky will launch Hempsession Canada, a local version of HQ's podcast that tackles the latest news in the hemp and CBD industry.

California-based HQ acquired 100% of the Hempsession Podcast for an undisclosed amount in June.