Real Brands, Inc. announced that it has received funding from Turning Point Brands, Inc.
November 25, 2018
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Canadian American Standard Hemp, Inc. announced that it has received equity round of funding from new investor Turning Point Brands, Inc. (NYSE:TPB) on November 26, 2018. The investor acquired 19.99% stake in the company through New Ventures division. As part of the transaction, Graham Purdy, President of New Ventures division joined company's board of directors.
Real Brands, Inc. is engaged in the business of hemp and cannabis industry. The Companyâs primary business is hemp cannabinoids (CBD) oil/isolate extraction, wholesaling of CBD oils and isolate, and manufacturing, production and sales of hemp-derived CBD consumer brands and white label products. It is extracting and refining oils and compounds of interest from hemp cultivars using its processing technology and methodology. Its products consist of oils, tinctures, capsules, topicals, edibles, and pet products. The Company acquires and/or develops brands that CBD and minor cannabinoids are complementary ingredients, and which are conducive to hemp derived infusion or micro encapsulation that is chocolates, cosmetics, edibles, drinks, sprays, tinctures, sub-lingual strips, cooking condiments, powders, vapes, and others. The Companyâs HALO.5 simulated moving bed chromatography system (SMB) is an integrated six-column SMB system designed for isolation and purification of chemical compounds.
REAL BRANDS, INC. 
