Love Hemp Group PLC (AQSE:LIFE, OTCQB:WRHLF) announced that Tesco PLC (LSE:TSCO) is now stocking its CBD products including oil drops, sprays, chocolate balls and a new sugar-free and gluten-free plant-based gummy product.
The brand-led consumer goods company focused on CBD health and wellness solutions said six of its products will be available in more than 200 Tesco stores across the country, including Tesco Extra outlets, and online at www.tesco.com.
The recently launched gummies highlight its successful product development, Love Hemp said in a statement, before adding it expects to launch its latest range of benefit-driven and functional products in the fourth quarter of 2022 - in the form of capsules and edibles.
Love Hemp predicted the new products will open further revenue streams across direct-to-consumer sales, marketplaces and other major retailers.
Tony Calamita, Love Hemp's chief executive, commented: "Tesco is a major British household name and we are very proud to work with them.
"It has always been our mission to make CBD accessible and available to as many consumers as possible and having our products stocked in the vitamin aisles of Tesco brings great visibility to our products and brand.
"We anticipate that Tesco is the first of several new launches in major UK retailers since the publication of the Novel Foods register on March 31st."