Abacus has acquired all of Harmony Hemp’s principal assets from its owning companies for a total of $5.5 million in cash and subordinate voting shares of Abacus.
Jeff Needham, Perrigo executive vice president and president of consumer self-care Americas, will be retiring effective Sept. 30. He will be succeeded by current Ranir CEO Rich Sorota.
Enhanced Recovery features a formula that aims to give athletes a more rapid and complete muscle recovery post-workout or competition, the company said.