CBD company Zilis has acquired nutrition and personal-care company Zrii LLC. With the purchase, Zilis will now inherit Zrii’s infrastructure and distribution throughout Latin America and will have a new headquarters in Bogota, Colombia. Latin America has been ripe for CBD sales, which are projected to grow exponentially in the next several years. This move will give Zilis a jumpstart on expansion that would have taken several years if started from scratch, according to Steven Thompson, CEO and founder of Zilis. With the acquisition, Zilis now has operations in Colombia, Costa Rica, Ecuador, Guatemala, Mexico, Panama and Peru. Zilis recently launched into the European market as well.