In 2020-2022, Black Legend Capital acted as M&A consulting advisor to Frangiosa Farms, known as Colorado Hemp Honey. Frangiosa Farms is a cannabis consumer product company, manufacturing hemp-infused honey products and hemp-infused pet products in Colorado. The product portfolio targets a broad variety of consumers, from entry level consumers to lifestyle of health and sustainability (LOHAS) consumers. Black Legend Capital worked closely together with Frangiosa Farms, introducing the company to STB International, which is expected to finalize the acquisition in 2022. The company owns assets, including manufacturing equipment and an 8.8-acres farm which are used for beekeeping and growing hemp.
Frangiosa Farms currently sells through 2,000 retail locations and 7 distributors. Colorado Hemp Honey won the 2019 Nexty Award Consumers Choice for best new supplement, legitimizing the quality of the company’s products.