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The Markets
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The Markets
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Cannabis

HempFusion launches ingestible and topical CBD products into another Top 15 US supermarket chain

The latest deal builds on the recent launch of its ingestible and topical CBD products at a major Arizona grocery chain, along with the four stock-keeping units (SKUs) its Sagely Naturals division launched inside a Top 10 publicly-listed fo

HempFusion Wellness Inc has announced that another Top 15 US supermarket chain has launched HempFusion products in southeast United States.

The health and wellness company, which offers premium probiotic supplements and products containing CBD, said its over-the-counter Pain Relief Cream will be added to approximately 400 stores while its ingestible and topical CBD products will now be available in 75 targeted stores.

It said the latest deal builds on the recent launch of its ingestible and topical CBD products at a major Arizona grocery chain, along with the four stock-keeping units (SKUs) its Sagely Naturals division launched inside a Top 10 publicly-listed food, drug, and mass-merchandise (FDM) retailer.

READ: HempFusion subsidiary Sagely Naturals launches into Top 10 US retailer

“Increasingly, retail grocery chains are investing in bringing established health and wellness brands to consumers,” HempFusion co-founder and CEO Jason Mitchell said in a statement.

“Since the beginning of 2021, HempFusion, and its family of brands, has grown the number of doors for our products from approximately 15,000 locations to over 18,000 locations, establishing the company as a leading health and wellness brand across our multi-channel strategy including the FDM channel.”

In its recent guidance to the market, the company stated that it would launch 2,000 more locations before the end of 2021. It has already exceeded that target with more than 3,000 new locations to date.

HempFusion Wellness is a CBD company, working under the Food and Drugs Administration (FDA) guidelines, with a focus on health and wellness. The company has a portfolio of over 112 SKUs.

Contact the author at stephen.gunnion@proactiveinvestors.com

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