The cannabis industry continues to see movement amongst players big and small. Seeking stronger economies of scale, more complementary assets, and access to new product development, firms in the CBD and hemp space are joining forces via mergers and acquisitions. As new deals abound in the CBD space and more industries open to the idea of hemp-infused products, CBD wellness brand Phaze Sports and its parent company
ACQUISITIONS IN THE INDUSTRY
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The industry is growing through mergers that are bringing about new products and innovations in the CBD space. Most recently,
More on that in a bit.
ACQUISITIONS COULD CREATE SHAREHOLDER WEALTH
If a firm is doing well and finding success with its products in a given market, then why seek out a merger or acquisition deal? It's fairly straight forward: The long-term return generated by two companies joining forces, is more than the sum of its parts. It is, quite possibly, exponential.
Firms take part in mergers and acquisitions, as a means to, ultimately, increase shareholder wealth. A merger or acquisition holds several benefits, all of which are aimed at boosting overall profitability and market share. The opportunity for increased holdings value is that much stronger in emerging and growing markets like the CBD industry, which is projected to reach more than
PHAZE SPORTS AS A PRODUCT
Launched by
Because of this focus on the four stages of an athlete's typical day (Rise. Compete. Recover. Sleep), RLBD has the opportunity of serving its customers from the moment they "rise" until they put their heads on the pillow at night. They are more than a performance brand-they will become part of the customer's daily routine and lifestyle.
PHAZE SPORTS (RLBD) AS AN INVESTMENT
RLBD recently announced their listing on the OTCQB, making them much more appealing to investors and the market at-large. This listing comes just weeks after a Top News Guide interview with RLBD CEO
More on RLBD here: https://topnewsguide.com/2021/12/16/real-brands-inc-s-otcmkts-rlbd-ceo-anticipates-revised-filing-for-otcqb-up-list-by-years-end/
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