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Year Over Year Revenues Up 84%, Q2 net revenues up 25% sequentially over Q1 and Year Over Year Ecommerce Sales Up 268%. Direct-to-consumer eCommerce sales increased 37% to $334,322 from $244,255 in Q1. HempFusion’s ecommerce business is growing. DENVER–(BUSINESS WIRE)– $CBD.U #CBD CBD –HempFusion Wellness Inc.
Robust eCommerce platform drives over 17,000 average monthly sessions, and nearly $2.0 HempFusion’s substantial investment into regulatory compliance will help solidify Apothecanna’s leadership position in the CBD industry. million in gross sales per year with 76% gross margin historically. FORWARD-LOOKING STATEMENTS.
Singer was most recently the Chief Executive Officer of J.Crew, a well-known apparel company, where she led transformational work that included financial restructuring, value creation planning, ecommerce acceleration, and brand positioning for the iconic multi-brand specialty retailer.
This is a key step in ensuring continued compliance for their products in the U.K. Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. government’s Food Standards Agency. and other markets.
Tool captures point of sale data from an average of 29% of stores in Alberta, British Columbia, Saskatchewan, Manitoba and Newfoundland & Labrador, point of sale data from 100% of stores in New Brunswick, Nova Scotia and Prince Edward Island, as well as depletions and ecommerce sales data from the OCS. Net revenue.
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