EMMAC Life Sciences to acquire GreenLeaf.

EMMAC Life Sciences, the European independent medical cannabis company, agreed to acquire GreenLeaf, a French hemp-based wellness company. The acquisition provides EMMAC with an established e-commerce and retail distribution model in France as well as a proven portfolio of hemp-based wellness products, under the Hello Joya brand. Financial terms were not disclosed. Antonio Costanzo, CEO of EMMAC, commented: “We are pleased to announce the acquisition of GreenLeaf and welcome Aurélien and the team to EMMAC. France is an important market for EMMAC and we are confident that GreenLeaf’s established distribution model, experienced team and premium product portfolio will advance our plans for strategic growth in the region. We look forward to incorporating the Hello Joya products into our Wellness range, as EMMAC capitalises on the rapid growth across Europe as the cosmetic, food and nutraceutical industries incorporate the active principles of the cannabis plant to its products.”