A Kentucky tobacco company is investing $15 million in a Los Angeles marijuana vape company that plans to expand its footprint by building out a line of THC-free CBD products. Turning Point Brands of Louisville said in a news release its investment in Dosist will be used to develop new THC-free products and a national CBD brand. In addition, Turning Point said it has an option to invest another $15 million at predetermined terms within the next 12 months.
SpeedWeed, 10/28/2020 03:00:02
Open article: https://speedweed.com/tobacco-firm-spends-15-million-to-bring-l-a-marijuana-line-to-thc-free-markets/