Houston-based VitalPoint Technologies, Inc. (VPT) announced on August 31 it acquired Herban Healing, LLC. The financial terms of the transaction were not disclosed.
Herban Healing is a Texas-based biopharmaceutical company focused on healthcare products centered around CBD. Co-Founders Kyle Williams and Jennifer Gillelan established Herban Healing with the goal of addressing the opioid epidemic. Founded in 2019, the company operates two locations in Cypress, Texas and one in North Spring, Texas.
VitalPoint Technologies was established to conduct research, develop solutions and provide education on alternative healthcare options. VPT is a tech-enabled innovative Healthcare platform focused on developing alternative solutions, including CBD and psilocybin, for PTSD, opioid addiction and mental health.
According to data captured in the LevinPro HC database, this acquisition is the 71st Pharmaceuticals transaction of 2023, and the 13th in the medical marijuana specialty. This is VitalPoint Technologies’ second acquisition, according to the company’s press release announcing the deal.
