Company Overview

Company name: Harmony Hemp
Description: Developer and manufacturer of CBD products based in Salt Lake City, Utah. The company offers hemp-infused products over the counter in personal care product lines in over the counter topicals, bath and beauty such as hempbath, hydration lotion, bath salts, body massage oil, pain relief gel and lotion.
Year founded: 2017
Parent company: Abacus Health Products
Industry: Consumer Products and Services (B2C) | Group: | Code:
City: West Valley City
State: Utah
Country: United States

Financial Highlights

Start up capital raised (USD Million):
Business status: Generating Revenue
Ownership: Acquired/Merged (Operating Subsidiary)
Revenue (USD Million): 2.20
Gross profit (USD Million):
Net income (USD Million)
Enterprise value:
Earnings before interest, tax, depreciation and amortization (EBITDA):
Fiscal period: FY 2019
Financing Status: The company was acquired by Abacus Health Products (CNQ: ABCS) for an undisclosed amount on February 10, 2020. The acquisition will help Abacus Health Products, in expanding their retail locations and have good management’s knowledge, the largest retail footprint of topical CBD and hemp-infused products in the United States. Additionally, Abacus’ offering will expand to include a range of beauty and bath products currently offered by the company.
Number of active investors:
Profile last updated: 13-Feb-2020
Last known valuation:
Last known valuation date: 10-Feb-2020