CBD giant Canopy Group buys female founded British beauty brand This Works for £43 million
This works, the uber stylish skin care brand founded by former Vogue journalist Kathy Williams has sold to Canadian group, Canopy Growth in a lucrative £43 million deal.
Canopy Group, which markets CBD products for recreational and medicinal uses is excited about the new deal, with which they intend to produce a range of products infused with CBD to enhance skin and sleep. Dr Anna Persaud, CEO of This Works will remain in charge after the takeover and will oversee the launch of a range of products containing cannabidiol.
An exciting, pioneering development and large international buy out of a female founded brand.
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