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Kadenwood Acquires UK Brand Healist Advanced Naturals

Kadenwood, a California-based wellness company, has acquired UK CBD wellness brand Healist Advanced Naturals from Present Life.

The US company founded in 2019 is a privately held consumer products lifestyle business focused on shaping CBD into a trusted and safe mainstream wellness category.

As part of the deal, Present Life owner the Craftory is investing in Kadenwood.

Erick Dickens, co-founder and CEO of Kadenwood, said of the agreement:

“We’re excited to welcome Healist into our portfolio as we look to expand our premium plant-based wellness offerings to consumers globally,”

“Kadenwood and Healist share important brand values and we believe they complement our current portfolio, bringing a new perspective on wellness that is focused on everyday benefit formulations. It’s imperative that we lead the way for providing transparent, safe and reliable products to consumers, and Healist will help us expand that mission.”

Camillo Pane, executive chairman at Present Life, a global beauty and wellness company that creates and acquires clean, benefit-led brands, said of the acquisition:

“The exemplary team brings veteran knowledge in the CPG space and provides Healist the support to grow at scale across all channels and markets.”

The deal between the two companies continues the busy mergers and acquisitions within the growing and increasingly lucrative CBD industry.

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