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In addition to these new distribution channels, we expect opportunities to become available to market, advertise and sponsor CBD products across all major TV networks, sports leagues, and ecommerce platforms for those CBD companies that have proven clinical data to support their products.
“Matt brings over 15 years of experience in the world of digital marketing and ecommerce strategy execution to the company. Since 2016, Matt has been a Partner at consumer goods think tank Dingoz Consulting, where he helped clients with their product launches and ecommerce development.
This partnership includes all the leading and award-winning cbdMD branded products, including cbdMD’s gummies, tinctures, gelcaps and topicals, as well as the award-winning Paw CBD animal brand. In addition, the new line of skin care and beauty products under the brand cbdMD Botanicals will also be available.
Product SKUs will include gummies, capsules and oiltinctures, with plans to extend offerings over time. ” In addition to the pending eCommerce web store presence, plans are underway for future retail presence for consumers in Hong Kong , Taiwan and Macau. Energy Hemp is planned for Hong Kong in 2023.
JustCBD generated audited revenues of US$28 million and EBITDA of US$7 million in fiscal year 2020 across multiple categories, including gummies, tinctures, vape cartridges, creams, pet wellness, among others, all of which we believe to have meaningful long-term growth potential.
with their product portfolio including cannabinoid tinctures, softgels, and topicals. Their portfolio also includes other innovative products including their Multicannabinoid oils and softgels.This transaction will provide us with meaningful cross-selling synergies and margin enhancement opportunities for FAB and Blessed CBD.
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