Author: CannabisNewsWire (CNW)

About CannabisNewsWire CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge. To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only) For more information please visit https://www.CannabisNewsWire.com Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

CBDNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Ships New Gummy Line, Offers Online

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering premium probiotic supplements and products containing CBD, has unveiled its new CBD gummy line. Formulated using HempFusion’s proprietary broad-spectrum hemp extract, never an isolate, the new gummies feature natural functional ingredients and premium flavors. The Elderberry CBD Immune Support Gummies include 10 mg of broad-spectrum CBD and 100 mg of elderberry extract, a functional ingredient scientifically studied to support the immune system. HempFusion’s sweet-and-tart Summer Cherry Gummies feature 10 mg of best-in-class broad spectrum CBD in a delicious chew. According to a recent Brightfield Group report, the CBD gummy market is projected to reach $500 million in sales this year, with a forecast of $1.8 billion sales by 2026. In another report, Brightfield reported that immune-boosting benefits were the second most popular health claim that consumers look for when purchasing food, beverage and supplement products. In recent marketing, the gummies have been recommended by two-time Olympic Gold medalist and five-time world champion women bobsled athlete Kaillie Humphries. “Now available from HempFusion.com, our gummy line is our newest revenue driver and is now shipping to major food, drug and mass retail and convenience locations with further distribution planned across international markets as well as ecommerce sites,” said HempFusion Wellness CEO Jason Mitchell, ND, in the press release. “We welcome consumers to learn more and try our delicious new Elderberry CBD Immune Support and Summer Cherry Gummies for themselves by visiting HempFusion.com. Use code Gummyrush25 to enjoy 25% off plus free shipping through Sept. 4, 2021.”

To view the full press release, visit https://cnw.fm/GsUtS

About HempFusion Wellness Inc.

HempFusion is a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition. HempFusion distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research and HF Labs, to approximately 4,000 retailers across all 50 states of the United States and select international locations. Built on a foundation of regulatory compliance and human safety, HempFusion’s diverse product portfolio comprises 48 SKUs (“SKUs”) including tinctures, proprietary FDA Drug Listed over-the-counter (“OTC”) topicals, doctor/practitioner lines and more. With a strong focus on research and development, HempFusion has an additional 30 products under development. HempFusion is a board member of the US Hemp Roundtable, and HempFusion’s wholly owned subsidiary, Probulin Probiotics, is one of the fastest-growing probiotics companies in the United States, according to SPINs reported data. HempFusion’s CBD products are based on a proprietary Whole Food Hemp Complex(TM) and are available in stores or online. For more information about the company, visit www.HempFusion.com.

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Boasts Unique, Diverse Portfolio of Natural Health Products

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, early this year completed the acquisition of Naturo Group, marking its expansion in the U.S. infused functional beverage market. The acquisition created an ideal situation for BevCanna to compete more effectively in the traditional functional beverage category. BevCanna is a leader in the cannabis-infused beverage and nutraceutical industry, while Naturo Group’s innovative plant-based mineral beverage and supplement brand, TRACE, and significant manufacturing infrastructure and international distribution networks, form the foundation of an industry-leading health and wellness company. “With the acquisition completed in February 2021, BevCanna now boasts one of the most unique and diverse portfolios of beverage and natural health products within both the cannabis and plant-based industries,” reads a recent article. “The company is the only fully licensed, in-house and white-label beverage manufacturing company that produces and distributes both conventional and cannabis-based CPG products.”

To view the full article, visit https://cnw.fm/4e17Z

About BevCanna Enterprises Inc.

BevCanna Enterprises is a diversified health and wellness beverage and natural products company. BevCanna develops and manufactures a range of plant-based and cannabinoid beverages and supplements for both in-house brands and white-label clients. With decades of experience creating, manufacturing and distributing iconic brands that resonate with consumers on a global scale, the team demonstrates an expertise unmatched in the nutraceutical and cannabis-infused beverage categories. Based in British Columbia, BevCanna owns a pristine alkaline spring water aquifer and a world-class, 40,000-square-foot, HACCP-certified manufacturing facility with a capacity of up to 210 million bottles annually. BevCanna’s extensive distribution network includes more than 3,000 points of retail distribution through its market-leading TRACE brand, its Pure Therapy natural health and wellness e-commerce platform, its fully licensed Canadian cannabis manufacturing and distribution network, and a partnership with number-one U.S. cannabis beverage company Keef Brands. For more information about the company, visit www.BevCanna.com.

NOTE TO INVESTORS: The latest news and updates relating to BVNNF are available in the company’s newsroom at http://cnw.fm/BVNNF

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Sugarmade Inc. (SGMD) Eyes Making ‘Big Impact on the LA Cannabis Delivery Marketplace’

Sugarmade (OTC: SGMD) is leveraging its position as a 70% stakeholder in NUG Avenue, a Southern California-based cannabis delivery service. This bodes well for the company as consumers are increasingly relying on home delivery for many goods, including cannabis. California, the largest state economy in the country and the sixth largest economy in the world, also tops the global marijuana market. A recent Forbes article reported that the state’s cannabis sales hit $4.4 billion last year, up 57% from the year prior (https://cnw.fm/6z503). “We strongly believe the LA delivery market is the prime spot for expansion of our business,” Sugarmade CEO Jimmy Chan was quoted in a recent article on the company’s positioning in the dynamic California cannabis sector. “California is the world’s sixth-largest economy, and LA County is by far the most significant driver, with over 25% of the state’s population. The Lynwood, California, site is optimal, as it is located along one of the major distribution freeways, allowing drivers to efficiently reach the more than 15 million consumers that live within a 30-mile radius of the new location. We plan to make a big impact on the LA cannabis delivery marketplace.”

To view the full article, visit https://cnw.fm/HdszF

About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. The company’s brand portfolio includes CarryOutsupplies.com, SugarRush(TM), Nug Avenue, Lemon Glow and Budcars. For more information, please visit www.Sugarmade.com.

NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://cnw.fm/SGMD

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CannabisNewsBreaks – Grapefruit USA Inc.’s (GPFT) Hourglass(TM) Products Hit the Shelves in One Plant Dispensaries Throughout California

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced that One Plant’s eight retail cannabis dispensaries from the California counties of Santa Barbara to Santa Cruz are all now featuring Grapefruit’s Hourglass(TM) Time-Release THC+CBD Delivery Topical Relief Cream. “It is gratifying that we have been able to place the company’s Hourglass products in the One Plant dispensaries throughout California, after months of COVID–related delays,” said Bradley J. Yourist, Grapefruit’s CEO and co-founder. “Grapefruit is confident that as we continue to educate licensed cannabis retailers about the many benefits of the Hourglass time-release THC and cannabinoid delivery system that we will be able to distribute Hourglass time-release topical cream to the many hundreds of retail cannabis stores throughout California over the coming quarters. We believe the One Plant placement is only the start of a trend which will allow Grapefruit to quickly grow Hourglass brand awareness and Grapefruit revenues. We know the patented Hourglass time-release topical delivery system not only works effectively, but is the most effective in the world. We are excited to accelerate the rate at which we deliver the Hourglass technology to our customers that have demonstrated a pressing need for it.”

To view the full press release, visit https://cnw.fm/QOtBw

About Grapefruit USA Inc.

Grapefruit’s corporate headquarters is in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to both manufacture and distribute cannabis products in the Golden State. Grapefruit’s extraction laboratory and manufacturing and distribution facilities are located in the industry-recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, located on the extension of North Canyon Road, approximately 14 miles north of downtown Palm Springs. For more information about the company, visit www.GrapefruitBlvd.com.

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420 with CNW — Study Finds That Genetics Cause Hemp Plants to Produce More THC, Not Environmental Stresses

The use of CBD in various applications, including the treatment of depression, anxiety and pain and easing symptoms associated with cancer, has made cultivating hemp for CBD a booming industry. However, when hemp contains THC that exceeds the legal limit, the crop can test “hot.”

THC is the psychoactive ingredient found in marijuana that gets a person high. Federal and state regulations classify hemp as containing no more than 0.3% THC, meaning that growers can lose their entire crop if the plants exceed the stipulated THC level.

Various articles and websites have claimed that biological or environmental stresses, like crop diseases or flooding, can lead to an increase in the production of THC.

However, a new study conducted by researchers from Cornell University has found no evidence to support the claims that stress increases THC concentration in hemp plants. The study was published in the “Global Change Biology-Bioenergy” journal.

Larry Smart, the study’s senior author, explained that the team’s goal in research was to decrease the risks that growers face as much as possible, noting that this particular study was conducted to prove that stresses don’t have a strong effect on THC increase, which should give hemp cultivators some comfort. Instead, Smart continued, the study proved that it was genetics rather than the environment that determined the CBD to THC ratio and THC content in hemp.

For the research, Jacob Toth, the lead author of the study, created plots in New York that included control plots and applied five stress treatments to three high-CBD hemp cultivars that were genetically unrelated. These treatments included physical wounding, herbicide, powdery mildew, flood conditions and exposure to ethephon, which promotes fruit ripening.

The researchers then tested the CBD and THC content over a 30-day period as the flowers matured. They discovered that the amount of THC and CBD increased proportionately in all of these cultivars, noting that by harvest time, almost every plant had produced the expected CBD to THC ratio. This excludes plants treated with herbicide, as they were almost dead.

Using a molecular marker that identifies genes that produce THC in cannabis and CBD in hemp, Toth was able to demonstrate that some varieties of hemp included plants that had genes for primarily CBD production and others produced mainly THC. He noted that growers should ensure they get high-quality seeds that produce CBD and avoid varieties that have THC-producing genes, as this would decrease their risk of growing hemp plants that contain more than 0.3% THC.

This study may have huge implications for the entire cannabis sector, including companies such as Hero Technologies Inc. (OTC: HENC), since a lot more scrutiny will be needed while selecting hemp cultivars intended for CBD extraction.

NOTE TO INVESTORS: The latest news and updates relating to Hero Technologies Inc. (OTC: HENC) are available in the company’s newsroom at https://cnw.fm/HENC

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW — Researchers Opt for Creative Ways to Study Federally Prohibited Marijuana

Since its inception, America’s cannabis industry has been in a precarious position. Although 37 states have legalized medical marijuana, the federal government still classifies marijuana as a Schedule I controlled substance. This has essentially shackled the state-legal cannabis industry and has been especially detrimental to cannabis research.

While cannabis is said to be effective against a wide range of medical issues, there isn’t a lot of scientific data backing up these claims. Since cannabis companies aren’t allowed to test their products on people before releasing them to the market, they essentially rely on customer feedback to tweak and improve products. According to Rick Scarpello, CEO of Medically Correct LLC, a pioneer in the Colorado cannabis space, the only way the business could test its products without running afoul of federal law during its first years was to put them on the market and then go buy them.

Despite being limited by federal law, Scarpello believes that cannabis heals and that his company provides help to sick people who need it. Still, he acknowledges that the cannabis industry is in dire need of scientific research. As such, he cannot, for instance, declare that cannabis can reduce pain as there have been few, if any, clinical studies and double-blind trials to definitively prove that the substance has pain-relieving capabilities.

Some scientists have found ways to collect the data they need without breaking federal law. Instead of bringing cannabis to the lab, which is outlawed, researchers from the University of Boulder’s Center for Health, Neuroscience, Genes, and Environment (CUChange) used specialized vans to go to participants’ homes and collect data before and after they consumed cannabis. Flush with $16 million in funding from the state of Colorado, the National Health Institute and NIDA, among others, CUChange is one of the few institutions to look at the pros and cons of using cannabis on cancer, migraines and anxiety.

Cinnamon Bidwell, an assistant professor of cognitive science at the University of Colorado Boulder, has already published nine papers this year. Those papers look at the effect of cannabis on sleep quality as well as observational studies on short-term motor control and impairment caused by high-potency marijuana. The research team achieved this despite not being able to touch any of the cannabis products the participants used, instead relying on a rigorous survey that used photos of the cannabis products and their packaging.

Hopefully, researchers will soon be able to study cannabis without any constraints. Senate Majority Leader Chuck Schumer, Senator Cory Booker and Senate Finance Committee Chairman Ron Wyden recently introduced a draft version of a federal cannabis bill that would deschedule cannabis. The three Democrats will use the feedback they collect on the discussion draft to tweak the bill and improve it before formally introducing the final version.

The ingenuity that researchers are deploying to study marijuana in spite of the federal regulatory hurdles also shows itself in the revolutionary digital health products and technologies that companies such as RYAH Group Inc. (CSE: RYAH) have brought to market to address several needs, such as the need to measure exactly how much medical cannabis a patient is smoking.

NOTE TO INVESTORS: The latest news and updates relating to RYAH Group Inc. (CSE: RYAH) are available in the company’s newsroom at https://cnw.fm/RYAH

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CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Closes on Acquisition of Florida Greenhouse

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, has purchased a fully operational greenhouse with the purpose of advancing the company’s cultivation and production initiatives in Florida. The 45,000,000-square-foot greenhouse is located on 4.7 acres in Apopka. The company anticipates cultivating and harvesting in the new greenhouse by fourth quarter 2021. Red White & Bloom is currently building its own 114,000,000-square-foot facility, and the new greenhouse will provide near-term cultivation opportunities while that construction is underway. The company is focusing efforts on ensuring the new acquisition meets all compliance standards for a Q4 harvest. The company is also planning on branding its Florida medical dispensaries beginning in Q4 in addition to creating a consistent retail footprint and product line to align with the medical market in the state. “With such high patient demand in Florida, the Apopka facility will deliver the cultivation needed to meet our significant retail expansion goals throughout the state,” said Red White & Bloom CEO Brad Rogers in the press release. “It will also allow us to serve patients with the quality and consistency they deserve. We are very confident in our management team in Florida and more than pleased to see this expansion launch in Q4 this year.”

To view the full press release, visit https://cnw.fm/MyiVg

About Red White & Bloom Brands Inc.

Red White & Bloom Brands is positioning itself to be one of the top-three, multistate cannabis operators active in the U.S. legal cannabis and hemp sector. RWB is predominantly focusing its investments on major U.S. markets, including Michigan, Illinois, Florida, Oklahoma, Arizona and California, with respect to cannabis, as well as the United States and internationally for hemp-based CBD products. For more information about the company, please visit www.RedWhiteBloom.com.

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420 with CNW — Cannabis Sales Continue to Increase as COVID-19 Restrictions Are Lifted

The sales gains recorded in the marijuana industry after business lockdowns following the 2020 pandemic seem to be long term, with executives noting that the pandemic may have produced a new group of consumers who are trying out or using cannabis to relieve stress among other reasons. Industry executives forecast that as the U.S. economy slowly reopens and people are allowed to begin taking trips and visiting restaurants and stores, consumers of marijuana will shift their purchases in favor of discreet consumption forms such as vape pens and edibles.

A study that was conducted recently by the National Federation of Independent Business found that the small-business optimism index had grown by almost three points last month, hitting 102.5. This is the first time the index has gone above 100.

C3 Industries CEO and co-founder Ankur Rungta stated that the marijuana industry was continuing to develop, adding that he viewed the surge in sales during the pandemic lockdown period as the new baseline. C3 Industries is a vertically integrated cannabis firm in Michigan that also has operations in the state of Oregon. Rungta noted that the cannabis industry gained a lot of new customers during the pandemic, which led to marijuana acceptance increasing.

During the coronavirus lockdown, marijuana companies saw record sales across almost every state market in the country. At the time, marijuana business owners attributed the increase in sales to individuals spending their stimulus checks on marijuana while staying home, instead of engaging in other recreational activities such as traveling, going to the movies or visiting restaurants.

Now that restrictions in various states have been lifted or paused, cannabis companies expect customers to begin buying items such as vape pens, which are easier to use and more convenient for traveling. They also expect to see an increase in in-person shopping.

Michael Perlman, executive VP of investor relations and treasury at Jushi Holdings, says that as consumers become more comfortable with travellng and dining out, the company has observed an increase in activity around and in their downtown dispensary locations, which it attributes to overall increase in foot traffic. Jushi Holdings is a multistate cannabis company based in Florida that has dispensary locations in about half a dozen states.

Data released by Headset, a cannabis analytics firm based in Seattle, also shows that while recreational cannabis sales in some states has begun to flatten, sales still remain above levels recorded a year ago. For instance, adult-use cannabis sales in the state of California declined by 0.8% in May before increasing in June, with data showing that sales were still up by 10% in comparison with 2020’s sales in June.

Players in the cannabis sector such as Grapefruit USA Inc. (OTCQB: GPFT) may also need to be credited for this positive trend of marijuana sales since consumers spend on products they deem to be of an acceptable quality and price.

NOTE TO INVESTORS: The latest news and updates relating to Grapefruit USA Inc. (OTCQB: GPFT) are available in the company’s newsroom at http://cnw.fm/GPFT

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420 with CNW — Cory Booker Reveals Ongoing Talks to Gain Biden’s Support for Cannabis Legalization

Senator Cory Booker has revealed that he and his Senate colleagues are in talks with the White House regarding cannabis legalization. Now that Senate Majority Leader Chuck Schumer, Senate Finance Committee Chairman Ron Wyden and Booker have released a discussion draft of a federal marijuana legalization bill, they are working to bring President Joe Biden on board. President Biden has said that while he supports modest cannabis reform, including medical marijuana and expunging low-level cannabis offenses from people records, he opposes broad reform.

The trio released the 163-page federal cannabis bill last month, asking the public for input so they could improve it before formally introducing it for legislation. Dubbed the Cannabis Administration and Opportunity ACT (“CAOA”), the legislation would deschedule cannabis at the federal level, expunge prior marijuana-related convictions and allow states to continue maintaining their own cannabis policies, among other things. When asked how he planned on soliciting Biden’s and Vice President Kamala Harris’s support during a Q&A session on Twitter, Booker said they will start conversations with the White House now that a discussion draft of their bill is out.

While cannabis reform advocates have praised the senators’ efforts to federally legalize cannabis, there is a chance Biden might veto the bill should Congress send it to his desk. Gaining his support, as hard as that may be given the president’s past as a “leading warrior in the drug war,” it increases the legislation’s odds of becoming law. However, the federal cannabis bill may not even reach the president’s desk, given how tenuous the Democrats’ hold on the Senate is.

The three Senators will have to drum up 60 votes in the Senate for the bill to pass, which seems unlikely at the momennt. Even with the Democrats’ slim majority over the GOP, some members of the party have raised concerns about the comprehensive federal cannabis bill. Some industry stakeholders believe that the Secure and Fair Enforcement (“SAFE”) Banking Act is much more likely to advance in the Senate because it has bipartisan support; however, Booker has ruled out moving it, stating that Congress first has to provide restorative justice for communities that were disproportionately affected by the drug war.

Additionally, he says that since the CAOA would federally deschedule cannabis, it would inadvertently resolve the banking issue. It would also offer a 50% tax reduction through a tax credit to small cannabis operators with less than $20 million in sales, he says.

The federal reclassification of cannabis is likely to boost the market for CBD products made by companies such as The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) since the controversy surrounding the plant may reduce and expose it to new markets and demographics.

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CannabisNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Closes Apothecanna Acquisition

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering premium probiotic supplements and products containing CBD, has completed its previously announced acquisition of APCNA Holdings LLC (“Apothecanna”). According to the update, Apothecanna achieved revenue of over $3.8 million in 2020, which now triples HempFusion’s historical proforma revenue to ~$12 million with significant expansion planned for 2021 and beyond. This makes the acquisition immediately accretive to the company. “With the recent Sagely Naturals acquisition and now closing of the Apothecanna acquisition, HempFusion is in its strongest position to date. Not only have we significantly increased our distribution footprint and product offerings, based on a 2020 proforma revenue basis of all entities combined, the acquisitions bring our historical revenue to nearly $12 million USD,” said Jason Mitchell, N.D., CEO of HempFusion. “We look forward to benefiting from the Sagely Naturals and Apothecanna distribution footprints and products, which have been known for their strong topical products, and exploring opportunities to introduce HempFusion’s premium CBD ingestibles throughout their existing distribution points.”

To view the full press release, visit https://cnw.fm/ImGF4

About HempFusion Wellness Inc.

HempFusion is a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition. HempFusion distributes its family of brands, including HempFusion, Probulin Probiotics, Biome Research, and HF Labs, to approximately 4,000 retail locations across all 50 states of the United States and select international locations. Built on a foundation of regulatory compliance and human safety, HempFusion’s diverse product portfolio comprises 48 SKUs including tinctures, proprietary FDA drug listed over-the-counter (“OTC”) topicals, doctor/practitioner lines and more. With a strong focus on research and development, HempFusion has an additional 30 products under development. HempFusion is a board member of the U.S. Hemp Roundtable, and HempFusion’s wholly owned subsidiary, Probulin Probiotics, is one of the fastest-growing probiotics companies in the United States, according to SPINs reported data. HempFusion’s CBD products are based on a proprietary Whole Food Hemp Complex™ and are available in-store or by visiting HempFusion online at www.HempFusion.com or www.Probulin.com.

NOTE TO INVESTORS: The latest news and updates relating to HempFusion are available in the company’s newsroom at https://cnw.fm/HempFusion

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