Blog & News

https://maed.co/women-who-made-it-part-2/ Victoria Flores After a successful career in finance, Victoria Flores founded a hair extension business. Although it was growing year after year, she couldn’t help but feel that something was missing.  “It was kind of working, but not the way we thought it should. My co-founder and I had a come to Jesus moment and we asked ourselves, ‘Where can we switch this? What’s the bridge to something else?’ We had the customers and we had the team—we just needed to make a pivot with a new product.” That product ended up being CBD. Victoria and her partner were...

https://www.beautyindependent.com/what-cannabis-beauty-entrepreneurs-think-about-sephora-new-cbd-standard/?utm_source=Beauty+Independent+Website+Signups&utm_campaign=ad3e7ce568-EMAIL_CAMPAIGN_2019_09_29_11_11_COPY_01&utm_medium=email&utm_term=0_1b08c91b9d-ad3e7ce568-29887437

For women bent on disrupting, it may be a perfect time in cannabis. What is estimated to be a $44.8 billion market in the United States by 2024 is still young enough to challenge. Yes, the deck is stacked against you if you’re female. Much has been made, and rightly so, of a cannabis playing field now tilted unfairly by the influx of capital and the men who seem to get most of it. Overall, in 2018 just 2.2 percent of the whole VC pie was invested in female founders. It’s even worse for those who are black, with one 2018 report showing they received...

https://www.beautyindependent.com/cbd-beauty-wellness-sobe-organics-secures-750k-licensing-deal-perry-ellis/ A pivot has paid off for Lux Beauty Club. After starting three years ago in hair extensions, the brand overhauled its business model and relaunched with CBD at its core in June. In a blazing cannabis beauty and wellness segment, investors and licensing partners welcomed the move. Lux Beauty Club’s parent company Sobe Organics Inc. has raised $750,000 in early-stage funding from 1000 Angels, Executive Forum Angels, DKNY Sportswear president Terri Speiser, entrepreneur and politician Neelam Brar, founding member of Impax Ventures, and angel investors Jessica and John Ason. It’s also struck a licensing deal with Perry Ellis International...

Sobe Organics, Inc Enters Into License Agreement With Perry Ellis International November 26, 2019 09:00 ET | Source: Sobe Organics, Inc. MIAMI, Nov. 26, 2019 (GLOBE NEWSWIRE) -- Sobe Organics, Inc. has entered into a license agreement with Perry Ellis International, Inc. to include CBD infused topical and wellness products under Gotcha® and Ben Hogan® brands. Targeted distribution will include mass market, specialty retail chains, drug store chains, independent shops and e-commerce with an expected launch of Spring 2020.  About Sobe Organics, Inc. Sobe Organics, Inc distributes Lux Beauty Club CBD, a leading indie beauty brand. The company sells nationwide in over 1,800...