Harvest One Cannabis Inc told investors that it has further expanded its presence in the United States with the signing of a sales distribution agreement with Flat River Group (FRG), a leading North American e-commerce distributor.
Under the agreement, FRG will sell and distribute Dream Water and LivRelief products throughout North America.
FRG partners with consumer goods companies that manufacture housewares, games, toys, pet supplies and outdoor sporting goods and has fulfillment centres in Michigan, Missouri and Illinois. It also partners with major retail outlets such as Amazon, Walmart, Macy's, Kohl's, Wayfair, Target, the Home Shopping Network, Bed Bath and Beyond, and Bluestem.
READ: Harvest One Cannabis says its subsidiaries have entered sales and distribution agreement with Nigeria-based distributor Pharmtick
"Increasing our e-commerce presence in North America is one of the key initiatives for our brands Dream Water and LivRelief," Harvest One president and CEO Gord Davey said in a statement. "Our online sales in North America have grown substantially and the agreement with FRG will help to further accelerate distribution and increase online revenues and margins. FRG specializes in distributing consumer goods in the United States, our largest and most lucrative market.”
FRG vice president of purchasing and business development Dan Myers added: ”We are excited to partner with Harvest One and to help them reach and exceed their online business growth goals by sharing our e-commerce expertise.”
Harvest One is a global cannabis-infused CPG leader that develops and distributes premium health, wellness and self-care products with a market focus on sleep and pain. The company is uniquely positioned in the cannabis space with a focus on cannabis-infused and non-infused consumer packaged goods.
Harvest One owns and operates two subsidiaries: Dream Water, which offers consumer sleep aids, and LivRelief, which offers a range of CBD skin creams.
Contact the author at stephen.gunnion@proactiveinvestors.com