Love Hemp Group PLC (AQSE:LIFE, OTCQB:WRHLF) has scored a first on the e-commerce site eBay UK.
The brand-led consumer goods company focussed on cannabidiol (CBD) health and wellness solutions has become the first CBD brand to have a range of its products listed on eBay UK.
A range of Love Hemp's sprays, drops and edibles will be available within the Health and Beauty category of eBay's UK online store.
"This is a significant development for the company. eBay has 1.7 billion monthly visits and its Health and Beauty segment caters to an extremely wide-ranging market, providing Love Hemp with the opportunity to reach a new audience with its high-quality health and wellness products,” said Tony Calamita, the chief executive officer of Love Hemp.
"As with all consumer goods, brand awareness is imperative and forms part of the foundation of a successful product line and resulting revenue. Joining eBay's UK online store is another example of how Love Hemp is continuing to build on the foundation it has created with the depth of its product line and accessing many online platforms to showcase and sell products alongside its deep relationships with high street retail exposure.
"Today's launch adds to the company's impressive list of distribution methods that include Amazon, Holland & Barrett, Boots, and Deliveroo, further widening consumer access to Love Hemp ahead of the up-list to the main market [of the London Stock Exchange]," he added.
Shares in Love Hemp were up 5.5% at 1.08p in early deals.