Elixinol to acquire CannaCare for $29m.

Elixinol, a company innovating, marketing and selling hemp derived nutraceutical, cosmetic and food products, agreed to acquire CannaCare, a high-quality cannabidiol products manufacturer, for $29m. "We are incredibly excited about this transformational opportunity which leapfrogs Elixinol closer to its vision of becoming a profitable, global, hemp derived consumer goods wellness business," Oliver Horn, Elixinol CEO.