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

Flora Growth Completes Acquisition of Category Leading Wellness Brand JustCBD; Enhances U.S. Infrastructure and CPG Portfolio

Cannabis Law Report

JustCBD generated audited revenues of US$28 million and EBITDA of US$7 million in fiscal year 2020 across multiple categories, including gummies, tinctures, vape cartridges, creams, pet wellness, among others, all of which we believe to have meaningful long-term growth potential. million and 9.5 Acquisition Highlights. expansion strategy.

article thumbnail

HempFusion Closes Acquisition of Apothecanna

Cannabis Law Report

Robust eCommerce platform drives over 17,000 average monthly sessions, and nearly $2.0 Built on a foundation of regulatory compliance and human safety, HempFusion’s diverse product portfolio comprises 48 SKUs including tinctures, proprietary FDA Drug Listed Over-The-Counter (OTC) Topicals, Doctor/Practitioner Lines and more.