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Uncle Bud's Health & Wellness Experiencing Powerful Growth One Month Following Acquisition by Pressure BioSciences, Inc.

PRIVATEFeb 26, 2024

Acquiring Company

PRESSURE BIOSCIENCES INC

Acquired Company

Uncle Bud's Hemp & CBD

South EastonBiotechnologyBiotechnology ResearchManufacturing

Description

Pressure BioSciences, Inc. (PBIO) has announced promising early financial results from its January 19, 2024 acquisition of Uncle Bud’s Health & Wellness, highlighting significant growth in DTC metrics, new subscriptions, customers, revenue, and website traffic. Uncle Bud’s rapid capture of an innovative leadership role in the health and wellness industry, along with its commitment to domestic manufacturing excellence and high-quality formulations, aligns with PBIO's mission of providing broadly enabling pressure-based solutions across global industries.

Quick answer

PRESSURE BIOSCIENCES INC is acquiring Uncle Bud's Hemp & CBD, announced February 26, 2024. PRESSURE BIOSCIENCES INC is based in South Easton, Massachusetts, United States.

How much did PRESSURE BIOSCIENCES INC pay for Uncle Bud's Hemp & CBD?
The deal value was not disclosed.
What does PRESSURE BIOSCIENCES INC do?
We are a life sciences company focused on the development and commercialization of a novel, enabling, platform technology called pressure cycling technology ("PCT"​).
Where are PRESSURE BIOSCIENCES INC and Uncle Bud's Hemp & CBD based?
PRESSURE BIOSCIENCES INC is based in South Easton, Massachusetts, United States.

Source: Fundz verified event record.

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Company Information

Company

PRESSURE BIOSCIENCES INC

Location

14 NORFOLK AVENUE

South Easton, Massachusetts, United States

About

We are a life sciences company focused on the development and commercialization of a novel, enabling, platform technology called pressure cycling technology ("PCT"​). PCT uses cycles of hydrostatic pressure between ambient and ultra-high levels (up to 35,000 psi and greater) to control bio-molecular interactions.

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Frequently asked

Who acquired Uncle Bud's Hemp & CBD?

Uncle Bud's Hemp & CBD was acquired by PRESSURE BIOSCIENCES INC, based in South Easton. The deal was reported on February 26, 2024. We are a life sciences company focused on the development and commercialization of a novel, enabling, platform technology called pressure cycling technology ("PCT"​). PRESSURE BIOSCIENCES INC is privately held and operates in Biotechnology.

When did PRESSURE BIOSCIENCES INC acquire Uncle Bud's Hemp & CBD?

PRESSURE BIOSCIENCES INC's acquisition of Uncle Bud's Hemp & CBD was reported on February 26, 2024. Pressure BioSciences, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Uncle Bud's Hemp & CBD do?

Uncle Bud’s Health & Wellness is a trailblazer in the Hemp Seed Oil, Cannabidiol (CBD), and the broader Health & Wellness industry. It is privately held, operating in Manufacturing.

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