In 2020-2022, Black Legend Capital acted as M&A consulting advisor to STB International, previously known as ST Brands, in the acquisition of several CBD/Hemp brands and ancillary cannabis companies. STB International uses 100% organically grown hemp CBD besides other plant-based solutions to create, develop, market, and sell unique and proprietary CBD products to various segments of the global consumer market. Black Legend Capital is still working closely together with STB International to help the company succeed with its planned M&A transactions for the upcoming years. The company differentiates its products by developing a synthetic CBD-based sugar intended for distribution throughout Europe by the Novel Food Act.
STB International is planning to expand its business in over 22 countries by acquiring domestic and global retail driven THC and CBD companies with strategic value to portfolio.