- Oregon-based Kirkman Group is FDA-licensed and cGMP-certified
- The acquisition, part of Hemptown’s vertical integration strategy, will enable the company to make its immediate entry into the consumer packaged goods field
- The company has already acquired and planted 4.5 million hemp seeds in plots across three states
- Forecast high yields and the latest acquisition are expected to enable Hemptown USA to position itself as a leader in the rapidly expanding cannabinoid product market
Hemptown USA, a privately held company headquartered in Southern Oregon’s Emerald Triangle, is currently focusing on its rapid, vertically integrated growth within the lucrative cannabis industry. As a part of this strategy, the company announced the acquisition of assets comprising the FDA licensed, cGMP-certified operating nutraceutical business of the Kirkman Group (http://nnw.fm/7Hk6Y).
Based in Lake Oswego, Oregon, Kirkman Group has finalized a transaction with Hemptown USA that encompasses the company’s management team, formulations, production equipment, proprietary intellectual property and…
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