Tampa cannabinoids company sells consumer products division
October 11, 2019 - Canavation Product Group acquired the consumer products division of Teewinot Life Sciences, a Tampa company involved in the biosynthetic development and production of cannabinoids and their derivatives. Terms of the deal were not publicly disclosed. Canavation also acquired a patent issues to Teewinot. The deal allows Teewinot to focus on commercialization of its CannSynthesis platform, as well as the advancement of its pharmaceutical pipeline, a news release said.