leadf
logo-loader
viewWorld High Life PLC

World High Life sees 57% sales growth in July

“Our online sales remain well above pre-pandemic levels, cementing the importance of our eCommerce strategy," said chief executive Tony Calamita

World High Life PLC - World High Life sees 57% sales growth in July
Image source: Twitter / @LoveHempuk

World High Life PLC (AQSE:LIFE, OTCQB:WRHLF) told investors it has seen sales growth of 57% in the month of July, compared to June.

The owner of London-based CBD brand, Love Hemp, said sales improved in all channels - online, retail, and wholesale – and it highlighted that online sales specifically are significantly higher than pre-coronavirus (COVID-19) pandemic levels.

READ: World High Life will be capable of 400% growth with new facility

The online channel represented up some 62% of sales in July, versus around 40% in January.

“Our online sales remain well above pre-pandemic levels, cementing the importance of our eCommerce strategy in underpinning brand experience," World High Life chief executive, Tony Calamita said in a statement.

He added: "The wellness industry isn't showing any signs of slowing down. What we have witnessed is an increased consumption of CBD during the pandemic, and we expect this to continue post-Covid.

“We believe that people who continue to feel anxious or have trouble sleeping and are increasingly turning to more natural health and wellness solutions to add to their self-care routines."

Quick facts: World High Life PLC

Price: 2 GBX

AQSE:LIFE
Market: AQSE
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of World High Life PLC named herein, including the promotion by the Company of World High Life PLC in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

World High Life - Proactive One2One Virtual Event

World High Life's (AQSE:LIFE) David Stadnyk and Tony Calamita present to investors at the Proactive One2One Virtual Conference. World High Life is an investment company with a strategic focus to invest in and/or acquire companies operating in the CBD & cannabis industry.

on 10/8/20

2 min read