Cannabis Company Indus Holdings on the CBD Beauty Acquisition Trail

It’s a green new world full of opportunity for CBD and THC beauty and wellness brands. Cannabis companies are IPOing and heading out on the acquisition trail within a matter of days. After going public May 2, California-based Indus Holdings Inc. today revealed the acquisition of Humble Flower Co., a female-owned and operated company founded in Humboldt County, Calif., and now based in Los Angeles that delivers hemp-based THC and CBD cannabis-infused topical products. Terms of the deal were not disclosed. Founded in 2014 by hospitality veteran Robert Weakley and based in Salinas, Calif., Indus is a vertically integrated cannabis company, including cultivation, extraction, manufacturing, brand sales and marketing, and distribution capabilities that works with Beboe, Acme Elixirs and more. Humble Flower Co. joins several other brands already in the Indus-owned portfolio: edibles brands Altai and Moon; flower brands Cypress Cannabis and House Weed; concentrate brand Flavor, and Original Pot Co. cookies. Robert Weakley  Courtesy Founded in 2016 by Thea Wayne and Jordan Darian, Humble Flower produces cannabis-infused lotions and oils combining THC and CBD, promising hydrating properties and topical relief from pain and other ailments. Humble Flower is one of the debut brands featured in Saks Fifth Avenue’s first CBD pop-up, which opened May

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