Oliver Watts, 26, Fedele D Amico, 25, and Alex Roslaniec, 26, from Melbourne, started their company just 20 months ago and have fast made a name for themselves in the skincare industry.
Australian hemp beauty brand Hey Bud Skincare is hopeful that local regulatory developments will eventually allow it to expand its line-up with CBD skin care products.
The brand began sales in August 2019 with a hemp clay mask and its first batch of over 500 units sold out instantly. Since, the brand has added two more products to its portfolio, a hemp facial oil and a hemp moisturiser.
In the past year, the company has been growing around 20% month-on-month, driven in part by the boost in e-commerce and skin care demand that we witnessed last year following the outbreak of the COVID-19 pandemic.
Aussie hemp-based skincare brand Hey Bud has raised $2 million in funding as its trio of founders gear up for their next phase of growth, with one eye on overseas markets.