Columbus, Ohio-based Green Growth already sells personal-care products containing the non-intoxicating ingredient at DSW shoe stores, has CBD shops in malls owned by Simon Property Group Inc. and has a licensing agreement with Authentic Brands Group and its Greg Norman brand.
The deal, announced Tuesday, will see Seventh Sense Botanical Therapy body scrubs, bath bombs, cleansing oils, lotions and lip balms sold in 10 Abercrombie & Fitch stores in Massachusetts, California, Colorado, and Nevada. The products are made with CBD derived from hemp, which was legalized with the U.S. farm bill in December and is said by its proponents to help with health issues ranging from insomnia to pain and inflammation.
Green Growth appointed Brian Logan, a former executive at New Albany, Ohio-based Abercrombie, as its chief financial officer earlier this year.
Green Growth Brands Inc. (CSE:GGB) (OTC:GGBXF) recently walked away from a takeover bid for Canadian pot company Aphria Inc. after Aphria’s shares traded significantly above the offer price. The two companies are now in discussions about a potential commercial arrangement, they said last month.
Acquisition of a vertically-integrated business adds a third U.S. state to Green Growth Brands’ (CSE:GGB) (OTC:GGBXF) operations and is the next step in its accelerated plan to become a leading American MSO
Cannabis firm Green Growth Brands (CSE:GGB) (OTCQB:GGBXF) has been on a high streak lately as its stock climbed as much as 30% on the Canadian Securities Exchange since April 16. The sudden spike in the …
Green Growth Brands (CSE:GGB) (OTC:GGBXF) announced today that it is accelerating the expiry of its takeover bid of Aphria Inc. (TSX:APHA) (NYSE:APHA) and, in turn, will be repurchasing 27.3 million common shares for aggregate consideration …
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