Green Growth Brands launches e-commerce website
In a press release today, Green Growth Brands (GGBXF) announced the launch of its e-commerce website, ShopSeventhSense.com.
The site allows customers to buy hemp-derived CBD (cannabidiol) personal care and other beauty products.
On the website, customers can buy CBD-based body lotions, body washes, muscle balms, lip balms, bath salts, sugar scrubs, and face oils. The prices of these products range from $7.50 to $39.50. The e-commerce site could help give a boost to GGBXF, increasing its revenue via the expansion of its reach.
Peter Horvath, GGBXF’s CEO, said, “We have the most comprehensive assortment of CBD-infused personal care and beauty products of anyone in the CBD industry. Sales through our digital channel are a huge component of our strategy. Our digital presence is harmonious with our bricks and mortar strategy. The site expands our reach and will drive subsequent purchases for our customers who have shopped at our Seventh Sense shops or our assortment at DSW.”
GGBXF has fallen 2.3% today as of the time of writing this article. Its peers Aphria (APHA), Canopy Growth (CGC), and Aurora Cannabis (ACB) are down 2.5%, 1.3%, and 3.0%, respectively. In comparison, the S&P 500 Index (SPY) is relatively flat.