November 18, 2024
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Santa Barbara cannabis company makes $23.5M acquisition

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Bloomios, a Santa Barbara-based cannabis products company, is looking to double production and pave the way for a Nasdaq listing, following its acquisition of Infusionz for $23.5 million. Bloomios is a private-label manufacturer and wholesaler of hemp-derived products. Based in Colorado, Infusionz is a subsidiary of Upexi, a publicly traded e-commerce brand owner. With Infusionz,…

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