A California company has acquired the Social CBD brand from Sentia Wellness, a high-profile Portland business beset by a series of problems after its troubled launch in 2019.
Kadenwood, a privately held company in Southern California, announced last week that it had bought the Social CBD brand to add to its existing line of CBD-based sports creams, pet foods and teas. The companies didn’t announce terms of the deal.
CBD, or cannabidiol, is derived from hemp and doesn’t have the psychoactive ingredient of recreational marijuana. CBD has attracted a following of enthusiasts who believe its properties improve health and well