Rugby Stars In CBD Funding Deal
A company set up by two Scottish rugby internationals to provide an alternative to mainstream painkillers has secured its first external investor after reporting a surge in sales due to “covanxiety”.
Alex Stewart, a founding partner of Clyde Blowers Capital, has put an undisclosed amount of cash into Pure Sport CBD in a deal said to value the company at £2.8 million.
Launched last year by former Glasgow Warriors teammates Grayson Hart and Adam Ashe, Pure Sport CBD provides cannabidiol products to assist in injury recovery, easing anxiety and promoting sleep, with the latter in wider demand amid increasing economic uncertainty.
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