Aluf Holdings, Inc. Launches Hemp CBD Subsidiary, Aluf CBD Partners LLC; Names Bob Capretto as an Adviser
April 25, 2019 at 08:00 am EDT
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Aluf Holdings, Inc. announced that it has launched Aluf CBD Partners LLC with an initial investment into the manufacturing and processing of CBD distillate in order to fulfill the growing client need in the CBD marketplace. CBD distillate is a THC-free, purified form of CBD.
To further expand the Company's footprint in the CBD marketplace, Aluf has added Dr. Bob Capretto to their Board of Directors as an Adviser. Dr. Capretto is the Chairman of Solevo Wellness, a Pennsylvania-approved medical marijuana dispensary as well as a principal at the investment management group Oak Hill Holdings, LLC.
Aluf Holdings, Inc. operates as a holding company. The Company is engaged in acquiring, operating, and managing subsidiaries in the development and sale of software and technology solutions. Its Business Management Solutions Division provides diverse solutions of back-office, staffing, financial, and technology services. The Company is focused on acquiring and managing companies which are engaged in biometrics and cyber security, cloud-based software-as-a-services (SaaS), medical applications and in the software and technology industries. The Company also provides virtual income tax preparation, accounting, and advisory services for corporations, small businesses and high net worth individuals. Its subsidiaries include Tax Partners USA, LLC and Aluf Tech LLC. Its Aluf Tech, LLC. is a provider of diversified services, offering business solutions, technology solutions, and life solutions.