HempFusion Subsidiary Sagely Naturals Launches Into Top 10 US Retailer
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HempFusion Wellness inks deal to buy CBD brand leader Sagely Naturals Sagely Naturals generated net revenue of over US$4.19 million in 2020, and will boost HempFusion’s retail distribution by an additional 14,000 plus stores HempFusion has agreed to pay an initial sum of US$25 million, consisting of US$2 million in cash plus US$23 million in HempFusion stock HempFusion Wellness Inc (TSE:CBD.U) (OTCQX:CBDHF) (FRA:8OO) announced it has signed a definitive agreement to acquire Sagely Enterprises, Inc, trading as Sagely Naturals, a provider of premium CBD products for women. ...
HempFusion Signs Definitive Agreement to Acquire Leading CBD Brand Sagely Naturals. DENVER, May 25, 2021–(BUSINESS WIRE)–HempFusion Wellness Inc. (TSX:CBD.U) (US:CBDHF) (FWB:8OO)... #CBD #cbdu #cbdhf
HempFusion To Buy CBD Brand Sagely Naturals For $25M HempFusion Wellness Inc. (TSX:CBD) (OTC:CBDHF) announced Monday it will buy CBD brand Sagely Naturals in a $25 million stock and cash deal. Sagely Naturals is one of the largest female-founded CBD wellness brands. Launched in 2015, it has since worked its way up and onto the shelves of popular retailers such as CVS, Rite Aid (NYSE:RAD), Sprouts Farmers Market (NASDAQ:SFM), Nordstrom (NYSE:JWN), among others. Sagely is said to be number one in CBD topicals with a 23% market share in the pharmacy channel and 13.8% market share in the mul...