HempFusion Wellness Inc. CBDHF Archives

TuesdayAug 03, 2021 12:33 pm

QualityStocksNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Closes Apothecanna Acquisition

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering premium probiotic supplements and products containing CBD, has completed its previously announced acquisition of APCNA Holdings LLC (“Apothecanna”). According to the update, Apothecanna achieved revenue of over $3.8 million in 2020, which now triples HempFusion’s historical proforma revenue to ~$12 million with significant expansion planned for 2021 and beyond. This makes the acquisition immediately accretive to the company. “With the recent Sagely Naturals acquisition and now closing of the Apothecanna acquisition, HempFusion is in its strongest position to date. Not only have we significantly increased…

TuesdayJul 27, 2021 12:19 pm

QualityStocksNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Creating Brand Loyalty by ‘Doing It Right’

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leader in the health and wellness cannabidiol (“CBD”) industry, has made compliance with regulatory standards for hemp-derived products worldwide one of its main priorities. This has opened doors to outlets for its products while many other CBD companies have struggled. In a June 29 Hemp Barons podcast, HempFusion co-founder and CEO Jason Mitchell and host Joy Beckerman extensively discussed the regulatory journey CBD dietary supplements, as well as OTC cosmetic topicals, have taken under guidance from the U.S. federal government. A recent article quotes Mitchel as saying, “The fact is, it’s…

MondayJul 26, 2021 9:30 am

HempFusion Wellness Inc.’s (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Impressive First Half of 2021 and What The Future Holds

HempFusion’s acquisition of Sagely Naturals opens the company to over 14,000 additional retail stores It marks a massive milestone following the $17 million TSX IPO in January 2020 HempFusion looks to more than triple its 2020 revenue as this is part of the company’s expansion plan for 2021 and beyond The move builds on HempFusion’s five-channel strategy while playing into Sagely Naturals’ opportunities and strengths 2021 is proving to be a good year for HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO). In January, it completed its $17 million IPO to start trading on the Toronto Stock Exchange (“TSX”) (https://ibn.fm/8hTot).…

ThursdayJul 15, 2021 11:41 am

QualityStocksNewsBreaks – HempFusion Wellness Inc.’s (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Private Label Division Marks ‘Just the Beginning’ with $250K Order

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leader in the health and wellness cannabidiol (“CBD”) industry, recently announced that it was rewarded a10 SKU private label deal by a leading national and publicly traded grocery retailer. “The deal marks the official launch of the ‘Private Label’ division, which will be the company’s sixth distribution channel,” reads a recent article. “The retailer, whose name was not disclosed due to existing non-disclosure obligations, represents a significant opportunity for the newly launched Private Label division. The 10 SKU deal was primarily due to the performance of HempFusion and its family of…

ThursdayJul 15, 2021 11:21 am

HempFusion Wellness (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO) Portfolio Rising Amid Consolidation Trend in CBD Market Sector

HempFusion Wellness is raising its profile as a CBD-focused health and wellness innovator as it continues to acquire other promising industry players. The passage of the U.S. Farm Bill in 2018 drove a fiercely competitive market for hemp-based CBD but a significant decline in the market during the past year’s pandemic has driven a consolidation of brands. HempFusion recently completed full acquisition of Sagely Enterprises Inc. (“Sagely Naturals”), which will boost HempFusion’s retail channel by 14,000 outlets. CBD remains a go-to option for many Americans seeking relief from post-workout soreness and relaxation. HempFusion’s OTC topicals are designed to meet consumer…

MondayJul 12, 2021 1:13 pm

HempFusion Wellness Inc. (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO) Completes Acquisition of Sagely Naturals as it Eyes Continued Growth in 2021 and Beyond

HempFusion Wellness closed the acquisition of Sagely Naturals, a women-centric CBD company, for an initial consideration of US$25 million in cash and stock payments The acquisition is expected to benefit both parties in various ways, including by increasing HempFusion’s revenue and providing access to Sagely’s extensive distribution footprint On its part, Sagely will benefit from HempFusion’s regulatory compliance, which will help in the introduction of ingestible CBD products HempFusion is looking forward to driving shareholder value through continued growth both domestically and internationally with its expanding family of brands In fulfillment of a merger agreement announced in late May, Denver-based…

WednesdayJul 07, 2021 10:44 am

QualityStocksNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Expands Family of Brands to Add Sagely Naturals

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering premium probiotic supplements and products containing CBD, has completed the previously announced acquisition of Sagely Enterprises Inc., a leader in premium CBD products with mass distribution in more than 14,000 retailers nationwide. Per the update, the over $4.19 million in 2020 net revenue, when combined with the closing of the company’s previously announced proposed acquisition of APCNA Holdings LLC, will more than triple HempFusion’s 2020 revenue with significant expansion planned for 2021 and beyond. “We are incredibly excited to complete the acquisition of Sagely Naturals,…

TuesdayJul 06, 2021 9:30 am

HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Sees New Optimism in International CBD Market Thanks to Drive for Regulatory Compliance

Health and wellness product marketer HempFusion Wellness, Inc. is seeing a renewed optimism for a healthy lifestyle amid the ongoing difficulties posed by the COVID-19 pandemic, including a resumption of international orders from lockdown countries The company recently announced the expansion of its products through subsidiary Probulin Probiotics, which now has a distribution channel in Ireland and expectations of broader reach into the European Union HempFusion Wellness sees its probiotics advances as a way of making in-roads for its CBD products in otherwise reluctant markets worldwide, using its focus on regulatory compliance to build brand confidence Co-founder and CEO Jason…

TuesdayJun 29, 2021 12:42 pm

QualityStocksNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Positioned for Success in 2021 and Beyond

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leader in the health and wellness cannabidiol (“CBD”) industry, is keen on expanding its international distribution channels, demonstrating its compliance with regulatory standards for hemp-derived products worldwide, and seeking to expand access points for CBD. The company’s HempFusion USA, through Probulin Probiotics LLC, sells its products in about 4,000 retail locations in all 50 U.S. States. “Probulin’s network for probiotics sales has proved useful for helping the company gain an entry point in marketplaces hesitant to consider CBD,” reads a recent article. In March, the company announced Probulin’s entry into the…

MondayJun 28, 2021 2:53 pm

HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Marks a Significant Milestone in its European Expansion Plan; Announces New Chief Financial Officer

HempFusion Wellness Inc. announces it is offering its new EU-compliant products through Boots Ireland This marks the company’s official entry into the Irish market in what is a significant step in further venturing into the U.K. and Europe as a whole Boots will carry HempFusion’s products in close to 50% of stores in the country Following unprecedented circumstances, HempFusion announced a new Chief Financial Officer, Ms. Maria Leal, taking over from Mr. Bruce Valentine Ms. Leal will oversee HempFusion’s finance and accounting functions HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) just marked a significant milestone in its European expansion…

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