Hemp CBD company Exactus, Inc. acquired Panacea Life Sciences, Inc., but the amount of the transaction was not disclosed. Panacea Life Sciences is a woman-owned and woman-led company, dedicated to developing and producing legal, hemp-derived cannabinoid products for consumers and pets. Beginning at PANA Organic Botanicals located at Needle Rock and throughout its 51,000 square foot, state-of-the-art, cGMP, extraction, manufacturing, testing and fulfillment center located in Golden, Colorado, Panacea operates in every segment of the CBD product value chain “Our focus on quality and traceability are the hallmarks of Panacea’s seed to sale strategy. From our state-of-the-art CO2 extraction, chromatography equipment, and product manufacturing lines, we can produce as much product as we need to meet our sales goals for the foreseeable future.” said Leslie Bottorff, founder of Panacea.

Mike Divincenzo, Green Market Report, 07/01/2021 12:36:00

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