Anthus Capital Holdings Acquires CBD For Life for $10.4m

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CBD has become one of the biggest new trends of the 21st-century. As brands and companies producing and selling CBD products keep springing up. The CBD industry is progressing very fast, and everyone has to move along with the trend.

One of those brands is CBD For Life. CBD for Life was founded in 2015 and focuses on beauty products, directed towards the wellness and general health of people. CBD For Life produces and sells CBD infused creams, sprays, roll-ons, pain relief rubs, and so many other CBD products. They sell online, and their products can be found in more than 1000 retail outlets and stores. 

CBD For Life was acquired by Anthus Capital Holding, a New York cannabis company, just this past June. The company was acquired for a whopping sum of $10.4 million. It changed the location and site of CBD For Life from the office of the founders and moved it to the Galleria in Red Bank. There, they are growing fast and recording massive sales.

At their current location in Red Bank, CBD For Life has about 2 dozen employers working for the success of the company.

According to Beth Stavola, company owner, CBD For Life is trying to expand to adding 25 new retailers every week. Already, Dillard’s Inc. has agreed to sell the beauty and wellness CBD products of CBD For Life in its 265 Department Stores. Stavola said the company is expecting explosive growth. Apart from Dillard’s Inc., CBD For Life has also signed a deal to sell its products to big stores in California, Manhattan, San Francisco, and Santo Monica. 

“CDB For Life will continue to operate in Red Bank,” says Beth Stavola. She founded the company in the year 2015 with her sister Julie Winter. Then, CBD was still a discrete product, and they were selling mainly to independently owned health food stores and dispensaries. However, with the signing of the 2018 Farm Bill that legalized hemp and hemp-derived CBD, CBD For Life made themselves known.

This is due to the growing demand for CBD extracted from hemp since there are many benefits attached to it, and those demands need to be met. What is CBD, and what is there to know about it? What are its benefits? Why are people interested in it? Beth Stavola has discovered that companies do not want to miss out on this opportunity of making great sales. Why is that?

Cannabidiol or CBD is a cannabinoid found in the cannabis plant, the hemp variety to be precise. Cannabis has two varieties, which are hemp and marijuana. Hemp is mainly used to produce CBD. The hemp used in making CBD products is non-psychoactive. This means that one will not get high after using or taking CBD. This is what attracts most people to it. Tetrahydrocannabinol (THC) is the cannabinoid that gives the ‘high’ feeling whenever marijuana is taken. For CBD to be considered as hemp-derived, it needs to have a very low content of THC. According to the 2018 US Farm Bill, CBD needs to have less than 0.3% of THC before it can be legally sold. 

CBD is very beneficial to the health and beauty sector; CBD For Life products can help prove that. CBD works alongside the Endocannabinoid System in the human body, to increase the activities of the body. In this regard, it helps to reduce inflammation and pain, treat seizures and epilepsy, treat cancer by stopping the growth of cancerous cells, reduces wrinkles, helps with its anti-aging effects, treats skin problems like acne, eczema, rosacea, and psoriasis. CBD is anti-inflammatory and anti-bacterial.

The CBD industry is growing in heights, expanding in bounds and making a name in the world today. In the same 2018 when the US Farm Bill was signed, The Food & Drug Administration approved Epidiolex, a CBD drug, as a treatment for two rare forms of epilepsy in children: Dravet Syndrome and Lennox-Gastant Syndrome. CBD products can also be effectively and efficiently used to treat anxiety, depression, and stress. 

CBD For Life has a variety of CBD products for consumers to select from. Generally, CBD can be taken as a supplement by adding it to foods, inhaling, used as a tincture or as a sprayer. In whichever way it is used, it gives the same relief effect.  

It is advised to see a doctor  before starting a CBD regimen. Some side effects are associated with the use of CBD oil and CBD products. They are nausea, irritability, headaches, general weakness, and diarrhea. The body system of some people does not align with CBD and related products. CBD works, as studies and research have proven so. So many people have attested to the fact that CBD works for them in one way or the other. 

Although an estimation has not been given yet for the sales to be generated from CBD For Life products, great sales are expected. CBD For Life owner acknowledges that companies do not want to miss out on an opportunity to increase their profit. This is because there is a high demand in hemp-derived CBD; hemp CBD is now a household name, as people have been made to see its benefits. These companies and big stores in a bid to join the latest trend, now sell CBD products in their stores.

The world is moving fast, and time waits for no one. In this regard, people are taking hold of opportunities and looking for ways to make life better. CBD is one of the products designed to help you feel whole and better. It truly has come to stay. 

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