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Prima Acquires Prospect Farms To Create The Next Generation Wellness Platform

PRIVATEDec 13, 2022

Acquiring Company

Prima

Acquired Company

Prospect Farms Industrial Hemp Group LLC

MaineHealth CareDietary SupplementsWellnessAgriculture and FarmingFood And BeverageE CommerceNutrition

Description

Prima, the award-winning, science-driven, plant therapeutic wellness brand and certified B CorpTM, today announced the acquisition of Prospect Farms. Together, they form Uplifter Brands, PBC, a next-gen CPG house of clean and conscious brands across personal care, supplements, spa and hospitality, private label, and pet wellness.

Quick answer

Prima is acquiring Prospect Farms Industrial Hemp Group LLC, announced December 13, 2022.

How much did Prima pay for Prospect Farms Industrial Hemp Group LLC?
The deal value was not disclosed.
What does Prima do?
Prima is a science-backed whole body wellness brand that makes potent plant therapeutic skincare, body care and supplements with organic hemp CBD and functional botanicals to help combat stress and target issues at..
Where are Prima and Prospect Farms Industrial Hemp Group LLC based?
Prospect Farms Industrial Hemp Group LLC is based in Maine, United States.

Source: Fundz verified event record.

Other recent acquisitions in Dietary Supplements and Wellness

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

Prima

About

Prima is a science-backed whole body wellness brand that makes potent plant therapeutic skincare, body care and supplements with organic hemp CBD and functional botanicals to help combat stress and target issues at their source. Prima was founded by Christopher Gavigan, The Honest Company® co-founder, bestselling author and purpose-driven entrepreneur, Laurel Angelica Myers, mission-oriented operator and former Honest alum, and Jessica Assaf, women's health and cannabis activist. Prima's products are made with uncompromisingly highest standards of purity, potency and transparency, using clinically validated plant ingredients. Built on a core foundation of sustainability, transparency, accountability, and social leadership, Prima is Climate Neutral Certified, Certified Plastic Neutral, and a Certified B Corp. Prima is a privately held Public Benefit Corporation (PBC) based in Santa Monica, CA. www.prima.co

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Frequently asked

Who acquired Prospect Farms Industrial Hemp Group LLC?

Prospect Farms Industrial Hemp Group LLC was acquired by Prima. The deal was reported on December 13, 2022. Prima is privately held and operates in Health Care.

When did Prima acquire Prospect Farms Industrial Hemp Group LLC?

Prima's acquisition of Prospect Farms Industrial Hemp Group LLC was reported on December 13, 2022. Prima, the award-winning, science-driven, plant therapeutic wellness brand and certified B CorpTM, today announced the acquisition of Prospect Farms. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Prospect Farms Industrial Hemp Group LLC do?

Prospect Farms is a leading CPG wellness platform, fueling leading wellness brands with all-natural ingredients and botanical blends all from their farm in Prospect, Maine. It is privately held, operating in Agriculture and Farming, and is based in Maine.

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