Remove Collective Remove Compliance Remove eCommerce Remove Policy
article thumbnail

HempFusion Reports Q2, 2021 Financial Results

Cannabis Law Report

Year Over Year Revenues Up 84%, Q2 net revenues up 25% sequentially over Q1 and Year Over Year Ecommerce Sales Up 268%. Direct-to-consumer eCommerce sales increased 37% to $334,322 from $244,255 in Q1. HempFusion’s ecommerce business is growing. DENVER–(BUSINESS WIRE)– $CBD.U #CBD CBD –HempFusion Wellness Inc.

eCommerce 105
article thumbnail

HempFusion Closes Acquisition of Apothecanna

Cannabis Law Report

Robust eCommerce platform drives over 17,000 average monthly sessions, and nearly $2.0 HempFusion’s substantial investment into regulatory compliance will help solidify Apothecanna’s leadership position in the CBD industry. million in gross sales per year with 76% gross margin historically. FORWARD-LOOKING STATEMENTS.

article thumbnail

High Tide Enters U.K. Market Through Acquisition of Blessed CBD

Cannabis Law Report

This is a key step in ensuring continued compliance for their products in the U.K. Million in cash (collectively with the Share Consideration, the “ Consideration “). Since its founding two years ago Blessed has fulfilled over 120,000 orders to approximately 87 thousand customers. government’s Food Standards Agency. and other markets.

CBD 52