The CBD retail boom is upon us.
As cannabis-infused products find their way into major retailers, analysts believe the trend will provide a significant catalyst.
"We have seen a high level of interest in cannabis beauty from retailers over the past month based on our store checks and incremental launches. We expect further retailer developments in the coming months,” noted analysts at Piper Jaffray, as quoted by CNBC.
All as people around the world wake up to the health benefits of cannabis, including the treatment of insomnia, stress, anxiety, pain, and even chronic issues.
Along the way, it’s creating a sizable sales opportunity for several companies, including The Yield Growth Corporation (CSE:BOSS)(OTCQB:BOSQF), Green Growth Brands Inc. (CSE:GGB)(OTC:GGBXF), and Aleafia Health (TSXV:ALEF)(OTC:ALEAF).
The Yield Growth Corporation (BOSS)(BOSQF) just announced that its Urban Juve natural skincare and personal wellness and grooming solutions will soon be available for purchase in 70 retail locations within Ontario, Saskatchewan and British Columbia. City spas, mountain resorts, naturopathic practices, wellness stores, and hair salons.
Some of the top retailers to carry its products include Healthy Planet, Dr. Kristen Bovee ND, Elements Naturopathic and Wellness Centre, The Glamoury, Happy Hair Salon, Leaf Compassion, Market on Millstream, Renew Spa, St. George Integrative Pharmacy, Rouge Naturals, Wellth Pharmacy, Delineation Salon and Yes Wellness.
“Urban Juve marketing efforts and sales strategies -- from SEO, relationship and content marketing, social and traditional media relations -- all support the company’s retail presence and foothold,” says Lesueur. “Our goal is to become the most trusted skincare brand for our expertise and patents around hemp root oil. While developing strategic relationships with major retailers is our goal, we are delighted to see grassroots independents adopting our goods in these early days. Hand-in-hand with retailers, we are proud to be reaching consumers in major centres and more remote communities first in Canada and soon throughout North America and beyond.”
With product development, patent applications, operational systems, distribution and marketing platforms in place, The Yield Growth Corp. is confident in its next steps to pave the way for digital and traditional retail sales, building consumer awareness and loyalty.
For More Information on The Yield Growth Corporation (BOSS), Click Here.
Green Growth Brands Inc. (GGB)(GGBXF) is marketing its CBD personal care products under its Seventh Sense Brand. The company just opened two new CBD shops in Indianapolis Indiana, and Louisville, Kentucky. The new locations are the fourth and fifth Seventh Sense shops to open of the hundreds planned for the year.
"We are pleased with the initial performance of our shops and our eCommerce site, ShopSeventhSense.com," said Peter Horvath, CEO of Green Growth Brands. "The investments we are making in securing premium leases and in designing beautiful shop fixtures not only create amazing consumer experiences but are fantastic marketing mechanisms for our brand. With our eventual footprint of hundreds of shops in high foot traffic locations, we will be gaining exposure to millions of potential customers."
However, this is just the start for GGB, which is looking to launch stores in malls across America, signing prime lease agreements throughout the U.S. In fact, it just recently entered into an agreement to gain access to 108 prime shop locations operated by Simon Property Group.
For More Information on Green Growth Brands Inc., Click Here.
Aleafia Health Inc. (ALEF)(ALEAF) recently acquired Emblem Corporation in an all-stock deal valued at $173.2 million. The company’s Canabo Medical Clinic and Emblem’s GrowWise Health will combine and now serve nearly 60,000 patients with 40 national medical clinics.
“The Emblem acquisition rapidly accelerates the execution of Aleafia’s strategy to become a vertically integrated, diversified cannabis company. It is difficult to overstate the significance of securing the highest quality medicine for our patients and Aleafia,” said Aleafia Health CEO Geoffrey Benic. “Emblem’s product leadership in the medical and adult-use sectors and highly coveted supply agreements will perfectly complement Aleafia’s cannabis production and clinic operations. This is a transformative transaction.”
For More Information on Aleafia Health Inc., Click Here.
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