Heavenly Rx expands footprint by acquiring American CBD maker

Heavenly Rx, a CBD maker based in Toronto, on Tuesday announced the acquisition of a privately held CBD manufacturer in the United States.

The purchase of Paradise Valley-based PureKana expands Heavenly Rx’s reach into Arizona and continues a?recent string of acquisitions?by the Sol Global Investments subsidiary.

Heavenly Rx most recently added to its portfolio in November with the?planned takeover?of Therapix Biosciences, an Israeli company that develops cannabinoid pharmaceuticals.

PureKana will continue to manufacture CBD gummies, topicals and oils under the PureKana brand.

5 comments on “Heavenly Rx expands footprint by acquiring American CBD maker
  1. Ken Mendez on

    Hi,
    My name is Ken with Farmers Choice, a USDA Certified Organic Hemp supplier.? We provide the best Sun-grown flower in the country with unmatched climate and expertise.Our flower tests 12% CBD and 0.29 THC at $200 lb.
    If you or someone you know is in the market to buy some or all of our 200,000 lbs of flower please respond asap. ?
    Thank You,
    Ken at Farmers Choice LLC

    Reply
    • James wayman on

      Hi ken I am located in grants pass oregon and trying to reach you as I have access to several farms local and able to get low pricing on biomass and flower

      Reply
    • Rentman on

      @Matt Glover. You can contact Heavenly direct. But they’re private, so you may need to be an accredited investor. Or buy 50cent shares from TRPX(NASDAQ), the company they are trying to merge with. But dude, save your money. They company is most likely a money pit. They only want the uplist to raise money from gullible retail. May be worth a speculation, but, be prepared for: offering, reverse split, offering, reverse split….

      Reply
    • Rentman on

      To give an example, Last year Heavenly invested 9M in Jones Soda at .60/sh, because, “they just needed a little capital to turn things around.” A year later, Jones is still burning cash and the SP is down to .25. Heavenly is a scam run by SOL Global. If you don’t know who they are, GOOGLE, and GOOGLE their directors, you’ll see.

      Reply

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