Description
GL Brands, Inc., a hemp consumer packaged goods company, engages in the development and commercialization of cannabinoid-rich products for health and well-being in the United States, Mexico, and internationally. The company offers various cannabinoid products made from organic industrial hemp, including tinctures, gel caps, edibles, topicals, vape cartridges, capsules, and beverages under the Green Lotus and IrieCBD brand names. It markets products through direct-to-store sales and direct-to-consumer models, as well as through distribution partnerships. The company was formerly known as Freedom Leaf, Inc. and changed its name to GL Brands, Inc. in November 2019. GL Brands, Inc. was incorporated in 2013 and is headquartered in Addison, Texas. On December 17, 2020, GL Brands, Inc. filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Northern District of Texas.