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Labat secures exclusive CBD deal with US’s Ace and Axle

JSE-listed group Labat has secured exclusive distribution rights to United States company Ace and Axle CBD products for the next 10 years. It will be using its acquisition of Leaf Botanicals (see story here) to provide the raw flower for the US company’s worldwide operations.

The deal was done through Labat subsidiary Africa Cannabis Enterprises (ACE) Genetics (A 100% Labat-owned subsidiary), which it purchased in January 2021.

“Ace and Axle produces a premium grade hemp CBD smokable that will soon be launched in South Africa. In comparison with tinctures, inhaling has been found to increase the bioavailability of CBD, helping users to better reap the powerful healing benefits of this compound.

 

Ace and Axle CB smokeables on their way to Africa

 

Labat has agreed to supply Ace and Axle with its worldwide requirements for hemp CBD smokables.  Labat will be utilising its newly acquired Leaf Botanicals facility to cultivate the raw materials.

 

Read about CBD in Southern Africa

 

According to its website https://aceandaxle.com , “Ace & Axle is a premium grade hemp product designed for trendsetters, pack leaders and modern-day mavericks who enjoy the gratifying taste and enjoyment of a quality hemp pre-roll. Ace & Axle delivers a rich, full-flavored smoke experience infused with the healing wonders of natural CBD”.

“Procured from the cannabis plant to usher in the next revolution of the wellness movement, Ace & Axle pre-rolls contain no tobacco, nicotine or additives, with THC levels below the 0.3% legal limit. We pride ourselves in promoting an enhanced quality of life for all through our game-changing products that offer the perfect, non-psychoactive smoking experience that you are after, every time”.

One Response

  1. It’s awesome that this article talked about inhaling CBD has been discovered to boost its bioavailability, allowing users to benefit more fully from the compound’s strong medicinal properties. I’m glad that you explain it thoroughly and now it makes more sense. You did a great job of explaining hemp.

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