Next Frontier Brands Acquires Treehouse Biotech

BOULDER, Colo., Dec. 8, 2020 /PRNewswire/ -- Next Frontier Brands, an international provider of fast-moving consumer goods, today announced the acquisition of Treehouse Biotech, a leading provider of quality ingredients and advanced extraction and remediation services to the hemp-based cannabinoid industry.

Treehouse uses advanced scientific methods and good manufacturing practices (GMP) to produce well-characterized hemp-based cannabinoid isolates and broad-spectrum distillates in its state-of-the-art processing facility in Colorado. Treehouse holds a portfolio of patents and patent applications covering its extraction and remediation processes, as well as important advancements in the field of synthetic cannabinoids. Moving forward, Treehouse will serve as a center of scientific excellence and product development for Next Frontier Brands and will manufacture the company's growing portfolio of hemp-based wellness products, including its Verra Health line of CBD oral sprays.

"Treehouse is setting new standards of quality, innovation and scientific excellence in the production of natural and synthetic cannabinoids as well as other organic ingredients," said Jake Black, PhD., Co-Founder and Chief Scientific Officer of Treehouse. "Together with Next Frontier Brands, we are pioneering the next-generation of hemp-based beverage and wellness products for global distribution."

"Next Frontier Brands is assembling a diverse portfolio of fast-moving consumer brands focused on the alcoholic and non-alcoholic beverage and hemp-based wellness industries," said Jason Roth, Co-Founder and Chief Strategy Officer for Next Frontier Brands. "Treehouse, which is Next Frontier Brands' sixth acquisition of the year, will drive new product development, innovation and GMP manufacturing for Next Frontier Brands' hemp-based wellness portfolio."

About Next Frontier Brands
Next Frontier Brands is an international provider of fast-moving consumer goods dedicated to bringing premier beverage and hemp-based wellness brands to consumers globally. The company currently houses a platform of consumer brands with over 100 product SKUs for international distribution and is actively acquiring additional brands. Next Frontier Brands is headquartered in Boulder, Colorado, with additional offices in London and New Zealand.

About Treehouse Biotech
Treehouse Biotech is a leading provider of pure cannabinoid isolates, broad-spectrum distillates and custom cannabinoid formulations for the hemp-based cannabinoid industry.  Founded by a team of Ph.D. scientists, Treehouse uses advanced scientific methods and good manufacturing practices to produce a variety of cannabinoid ingredients and holds important intellectual property rights in the areas of cannabinoid extraction and remediation, and the preparation of synthetic cannabinoids.

SOURCE Next Frontier Brands