Cresco Pursues Wellness Venture with Hemp CBD Subsidiary

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As projections for the hemp-derived cannabidiol (CBD) market rise, marijuana companies announce plans for the new market. On Monday (February 25), Cresco Labs (CSE: CL ,OTC Pink:CRLBF) announced it will launch a new subsidiary focused on a line of hemp-based CBD products to service the health and wellness market. Dubbed “Well Beings,” the marijuana firm announced this new subsidiary will be able to sell its products across the US.

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