Arcadia Biosciences Acquires Lief

The Chief Executive Officer (CEO) of Arcadia Biosciences Incorporated, Matt Plavan, recently stated how its recent acquisition of CBD-focused Lief Holdings LLC leads to significant benefits for the company. For instance, this acquisition would result in a significant amount of recurring revenue for the company. Also, it increases the synergistic value of the two companies, as Arcadia’s e-commerce expertise and Leif Holding’s retail footprint will take the combined company forward.

Arcadia Biosciences, a publicly traded American company, is based in Davis, California. It mainly operates in the field of agricultural biotechnology. Arcadia Biosciences commercializes high-value edible ingredients, nutritional oils, and products thought to enhance human health. Arcadia aims to improve the p...

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