Neural's Portfolio Company Hanf.com Expands Retail Footprint to Northern Germany with Two New Stores in Bielefeld and Herford

Executive Summary
- Neural Therapeutics’ portfolio company CWE European Holdings (operating as Hanf.com) added two new CBD retail stores in Bielefeld and Herford, Germany, expanding its German footprint to 21 locations.
- The expansion was achieved through the acquisition of existing local CBD retailers, aligning with Neural’s strategic investment to increase its commercial presence in Europe.
- The new stores are expected to enhance brand visibility, generate incremental revenue, and improve profitability for Hanf.com and indirectly benefit Neural Therapeutics via its 30.75% equity stake.
Key Details
- Location & Market Size:
- Bielefeld – city population > 330,000; metro area ≈ 600,000.
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Herford – approx. 67,000 residents.
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Acquisition Structure:
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Both stores were acquired by Hanf.com (CWE) through the purchase of existing CBD retail businesses with established customer bases.
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Strategic Rationale:
- Expands Hanf.com’s national footprint to 21 locations across Germany.
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Leverages operational efficiencies, product offering, and customer experience to drive revenue growth.
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Equity Interest:
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Neural Therapeutics holds a 30.75% interest in CWE European Holdings Inc., acquired on August 12 2025 as part of a multi‑stage transaction that could ultimately reach 100% ownership.
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Management Commentary:
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Ronnie Jaegermann, CEO of Hanf.com, highlighted the “strong growth potential” and “rare opportunity” presented by the acquisitions.
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Forward‑Looking Statements:
- The release contains expectations regarding integration success, operational efficiencies, and revenue growth from the new stores.
Notable Quotes
“The addition of two operating stores further expands Hanf.com's national footprint, enhances our brand visibility, and supports revenue growth,” – Ronnie Jaegermann, CEO, Hanf.com.