Cannabis firm buys Denver-based Mary's Brands

Colorado-based Mary's Brands, the maker of a marijuana skin patch, was acquired for an undisclosed amount by BR Brands of Connecticut. BR Brands, based in Greenwich, Connecticut, owns and distributes a range of cannabis and hemp products. After the deal closed, Mary's Brands CEO Lynn Honderd stepped down as CEO but remains an adviser. Denver-based Mary's Brands include: BR Brands also announced it has raised $60 million in a Series A capital raise backed by its strategic capital partner, Ros...