Hara has been acquired by Eco-Growth Strategies.

“We are pleased to have closed the purchase of Hara. This revenue-generating, premium quality CBD company will be positioned as our flagship model as we continue to acquire undervalued businesses that fit into our boutique of CBD offerings,” said William J. Delgado, chairman and CEO of Eco-Growth Strategies, a nutraceutical company developing a variety of CBD-based products.

“With our XtractionOne Plus wholly-owned subsidiary anticipated to be a disruptor in the high-efficiency extraction of CBD, terpene and desired cannabinoid content, coupled with Hara, we have begun to establish our serial bolt-on acquisition strategy for Eco-Growth,” added Delgado.

“Closing this deal with Eco-Growth allows Hara the capability to execute on its goals in a much broader capacity,” said Brody Shemansky, CEO of Hara. “We have built a loyal following from the ground up through the sale of our ultra-premium suite of CBD products while always focusing on the client experience. “We feel the management team at Eco-Growth shares in our beliefs and vision, so the partnership will be an easy transition,” added Mr. Shemansky.

Photo courtesy Hara