The Revive, Restore and Rest products offer CBD capsules that have been formulated with broad-spectrum, high-absorption Chylosoma CBD, as well as CBG and CBN.
The Smiths Falls, Ontario-based company successfully launched the sparkling waters last year in Canada, where Quatreau is now the top-selling ready-to-drink CBD beverage.
Valens is paying $40 million in cash and stock upfront for Green Roads, with an additional $20 million milestone payment available once the business achieves certain financial milestones.
Kadenwood said acquiring Social CBD will create the largest retail CBD distribution network in the country, including major drug and grocery chains, with products in roughly 18,000 retail stores.