Photo: Steven Senne / AP
Company for the production of cannabis Canopy Growth Corporation has completed a deal to buy British beauty brand This Works. About it reports The Guardian.
The amount of the transaction amounted to 43 million pounds (3.5 billion rubles). The Director-General This Works Anna Persaud noted that for several years companies have tried to find a way to unite without any damage to the cosmetic industry. She added that it did not intend to leave his post and will continue to monitor the release of funds on skin care products, containing cannabidiol.
Brand This Works was founded in 2004. The company creates natural products for skin care that are sold in 35 countries.
Canopy Growth Corporation was founded in 2013. The company is engaged in the production of marijuana for medical and recreational use. Last year the company planned to begin production of alcoholic beverages on the basis of cannabis after holding Constellation Brands, which produces beer under the brands Corona and Mondelo, invested in Canopy Growth four billion dollars.
Video, photo All from Russia.