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The J.M. Smucker Co. announced an agreement to sell its natural and organic beverage and grains businesses to Nexus Capital Management LP in a cash transaction valued at approximately $110 million.
Branded Legacy, a holding company focused on the commercial development of hemp and cannabinoid-infused beverages, along with an array of CBD topicals and tinctures announces increased sales due to Spikes CBDX. The Company has seen an over 80% increase in revenues over its previous quarter in 2021.