Colorado CBD Operaiton Boulder Botanicals Sells for $12 MillionPosted by On

Boulder Botanical & Biosciences Laboratories, a Colorado CBD research and manufacturing operation, has been sold to Real Brands, a publicly traded company based on the East Coast. The $12 million agreement, announced by Real Brands and Boulder Botanical owner Frankens Investment Fund, includes all Boulder Botanical assets.

Despite the name, Boulder Botanical & Biosciences Laboratories is located in Golden, where it has a 27,000-square-foot facility that manufactures CBD products and conducts product research. Made by Boulder Botanical but labeled and sold under different brand names, the CBD products and established distribution network will fit right into his company’s portfolio, says Real Brands CEO Thom Kidrin.

“Boulder Botanical has had an excellent reputation for creating quality sports medicine, health and wellness herbal supplements and cannabinoid formulations, and its white-label manufacturing services exceed industry standards. We expect to build upon that solid foundation,” Kidrin says.

Boulder Botanical product lines include Apra Hemp and SmartLeef, which are sold at national retailers like Costco, CVS and Target, as well as online and in the metaverse. According to Real Brands, the company will acquire over 150 CBD-infused formulations for cosmetics, topicals, tablets, drink powders, tinctures, ointments, gels, energy shots, roll-ons and other supplements.

“With this acquisition, we have increased our production capacity by 300 percent and have added a…

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