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Investments & Acquisitions

CV Sciences Expands into European Plant-Based Food Market with Acquisition of Cultured Foods

American consumer wellness brand CV Sciences has officially publicized the purchase of Cultured Foods, a European manufacturer and distributor of vegan food products. This strategic move allows CV Sciences to tap into the plant-based food market and aims to establish a foothold in the European market for its flagship brand, PlusCBD. With a presence across 15 European countries, Cultured Foods produces a diverse range of plant-based offerings, including vEGGs egg alternatives, meat-free burger mixes, stew and gravy mixes, ground meat substitutes, and plant-based cheese mixes. With the acquisition, the company aims to introduce Cultured Foods vegan products to the United States while simultaneously creating a platform for the sale and distribution of PlusCBD products throughout Europe. Strategic expansion and diversification The purchase of Cultured Foods …