Curaleaf to Acquire Colorado Edibles Maker

Curaleaf (OTC: CURLF) is, almost literally, swallowing a new acquisition. The company announced Monday it has agreed to acquire BlueKudu, a manufacturer of cannabis-infused edibles for both the recreational-use and medical segments of the marijuana market. Neither the terms nor the price of the deal were disclosed.

BlueKudu is a relative veteran in its segment, having been founded in 2011 in Colorado (a pioneering state when it came to the legalization of cannabis). Its products are aimed at the premium end of the market, catering to users with more discerning tastes. Its line mostly consists of chocolates, which are available in a variety of gourmet-like flavors such as toffee and almonds milk chocolate, and cookies and cream.

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Source Fool.com