article thumbnail

HempFusion Closes Acquisition of Apothecanna

Cannabis Law Report

In addition to FDM and e-commerce, the Transaction provides added distribution channels, increasing HempFusion’s 5 channel strategy to 6 channels and bolstering topical product distribution sales. Robust eCommerce platform drives over 17,000 average monthly sessions, and nearly $2.0 Chief Executive Officer of HempFusion. “We

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

Canopy Growth posts CA$1.7 billion annual loss

Cannabis Law Report

Tool captures point of sale data from an average of 29% of stores in Alberta, British Columbia, Saskatchewan, Manitoba and Newfoundland & Labrador, point of sale data from 100% of stores in New Brunswick, Nova Scotia and Prince Edward Island, as well as depletions and ecommerce sales data from the OCS. Net revenue.

Data 95