DENVER–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (OTCQX:CBDHF) (FWB:8OO) (“HempFusion” or the “Company”), a number one well being and wellness Company providing premium probiotic dietary supplements and merchandise containing CBD, is happy to announce that its wholly-owned subsidiary, Sagely Enterprises, Inc. (“Sagely Naturals”), has launched 4 SKUs of Over The Counter (“OTC”) topical ache aid merchandise solely right into a Top 10 US publicly listed Food, Drug & Mass (“FDM”) retailer in over 1,100 shops to begin.
These merchandise symbolize a deliberate model extension for Sagely Naturals, because the Company continues to increase the model’s power throughout its sturdy, feminine centric shopper base. Leveraging the experience and expertise of HempFusion’s regulatory group, Sagely Naturals has been in a position to formulate, market and promote this full line of non-CBD, OTC Drug Listed ache merchandise solely into this main FDM retailer. This represents a milestone in HempFusion’s technique to construct its model into a number one, diversified well being and wellness firm throughout North America.
With hundreds of places throughout the U.S., this FDM retailer presents a big potential alternative for future growth and one of many Company’s foremost retail targets. Additionally, it is a new retail relationship for the Company, offering a test-run for future alternatives round hemp-derived CBD merchandise based mostly on potential regulatory setting modifications.
“We believe the topical pain products we’re launching with this new FDM retailer provide a new entry point for consumers who have been deeply interested in more natural ingredients,” stated Kerrigan Behrens, co-CEO of Sagely Naturals. “With this collection, we are seizing an opportunity for disruption. Legacy brands haven’t innovated beyond their core offerings and packaging designs in years, leaving the category somewhat stagnant. We’ve not only addressed these issues but also capitalized on the fact that most brands do not address the unique needs of women. Over 80% of our direct-to-consumer shoppers are women, giving us unique insight into precisely catering to their unique needs and offering medicine-cabinet options that are crafted specifically for them.”
“One of the main reasons we acquired Sagely Naturals was due to the strength of the brand, most notably their core group of female centric consumers who typically control a significant portion of household spending,” stated Jason Mitchell, N.D., HempFusion’s Co-Founder and Chief Executive Officer. “This product launch is part of the Company’s plan to become a leading diversified health and wellness company across the United States. The addition of this key FDM retailer is additive to HempFusion’s existing distribution footprint of over 15,000 stores and helps our family of brands build a relationship with one of the largest retailers in North America as we prepare for potential regulatory changes around CBD that could result from two hemp CBD Bills currently proceeding through Congress,” continued Dr. Mitchell.
Sagely Naturals invokes pleasure and exploration within the ache aid class by offering merchandise that emphasize a pleasant person expertise – merchandise that the buyer can sit up for utilizing as a result of they appear lovely and scent and really feel nice. Sagely Naturals presents pure merchandise that harness the facility of cooling menthol for soothing ache aid in addition to different essential pores and skin supporting beauty substances together with Boswellia Serrata, vibrant peppermint, camphor, and safflower.
One of a choose few CBD corporations who’re as we speak totally ready to fulfill or exceed anticipated FDA steerage, HempFusion Wellness Inc. is a number one well being and wellness firm whose household of premium shopper manufacturers embody HempFusion™, Sagely Naturals™, Apothecanna™, and Probulin Probiotics™, one of many fastest-growing probiotics corporations within the United States in keeping with SPINs reported knowledge.
Utilizing the facility of whole-food hemp vitamin, the HempFusion household of manufacturers’ product portfolio contains 112 SKUs together with USDA Organic Certified Tinctures, proprietary FDA Drug Listed Over-The-Counter (OTC) Topicals, probiotic dietary supplements and skincare merchandise, a Doctor/Practitioner line, a White Label division and extra. With a robust concentrate on analysis and improvement, HempFusion Wellness has 43 merchandise underneath improvement.
Available from greater than 15,000 US retail places throughout all 50 states, HempFusion Wellness merchandise are additionally out there in China, Mexico, Ireland, United Kingdom, United Arab Emirates, South Korea and Canada and could also be bought on-line from every model’s web site, The Probulin Store on Amazon.com, Alibaba’s Tmall.com, the world’s largest cross-border on-line market, and a large number of further e-commerce websites.
For extra data, go to www.hempfusion.com.
ABOUT SAGELY NATURALS
Founded in 2015 by Kerrigan Behrens and Kaley Nichol, Sagely Naturals is the largest woman-founded CBD wellness brand, constantly sustaining the primary place in CBD topicals in keeping with IRI knowledge. Since its inception, the model has been on a mission to naturally modernize the drugs cupboard with high-quality, accessible merchandise that assist ladies really feel their greatest by harnessing the facility of botanicals and CBD. Sagely Naturals was acquired by HempFusion in July 2021 and operates as a wholly-owned subsidiary of the Company.
Sagely Naturals maintains a robust presence in high drug retailers nationwide together with CVS, Rite Aid, Albertsons, Ulta, Nordstrom, quite a few impartial regional grocers and pure meals shops in addition to quite a few ladies’s luxurious e-commerce websites.
All of Sagely Naturals’ merchandise are made to exceed the business’s excessive requirements, formulated with clear and pure substances, Leaping Bunny Certified, and vegan.
This information launch incorporates forward-looking statements and forward-looking data inside the that means of Canadian securities laws (collectively, “forward-looking statements“) that relate to HempFusion’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) should not historic info and could also be forward-looking statements and will contain estimates, assumptions and uncertainties which may trigger precise outcomes or outcomes to vary materially from these expressed in such forward-looking statements. No assurance might be on condition that these expectations will show to be appropriate and such forward-looking statements included on this information launch shouldn’t be unduly relied upon. These statements communicate solely as of the date of this information launch. In specific and with out limitation, this information launch incorporates forward-looking statements regarding the Company’s model and retail growth plans, future alternatives round hemp-derived CBD merchandise and the Company’s different plans, focus and targets.
Forward-looking statements are based mostly on quite a lot of assumptions and are topic to quite a lot of dangers and uncertainties, a lot of that are past HempFusion’s management, which may trigger precise outcomes and occasions to vary materially from these which are disclosed in or implied by such forward-looking statements. Such dangers and uncertainties embody, however should not restricted to, the affect and development of the COVID-19 pandemic and different elements set forth underneath “Cautionary Note Regarding Forward-Looking Statements” and “Risk Factors” within the annual data type of the Company dated March 31, 2021, and out there underneath the Company’s profile on SEDAR at www.sedar.com. HempFusion undertakes no obligation to replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case, besides as could also be required by legislation. New elements emerge every so often, and it isn’t attainable for HempFusion to foretell all of them or assess the affect of every such issue or the extent to which any issue, or mixture of things, might trigger outcomes to vary materially from these contained in any forward-looking assertion. Any forward-looking statements contained on this information launch are expressly certified of their entirety by this cautionary assertion.
Neither the TSX nor its Regulation Services Provider (as that time period is outlined within the insurance policies of the TSX) accepts duty for the adequacy or accuracy of this launch.