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HempFusion Provides Operational Update
HempFusion Wellness Inc. (TSX:CBD.U)(US:CBDHF) (FWB:8OO) (“
HempFusion ” or the “
Company ”), a leading health and wellness company offering premium probiotic supplements and products containing CBD, is pleased to provide an operational update.
Highlights
Brightfield Group’s most recent survey ranks HempFusion #2 in the US for CBD Brand Awareness
Probulin Probiotics finished 2020 as the fastest-growing Probiotic brand out of the Top 10 in the US, according to SPINS
HempFusion is the #2 CBD holding in AdvisorShares Pure US Cannabis ETF, the only US-listed exchange traded fund dedicated solely to US cannabis exposure
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Over the Counter CBD Products Help Dispel Outdated Stigmas
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NEW YORK, March 16, 2021 /PRNewswire/ Due to recent regulatory changes, the cannabis industry is slowly evolving out of the black market and morphing into a global economic powerhouse. As such, the CBD market is much more attractive in the U.S. because of the passage of the Farm Bill in late 2018. The bill legalized hemp-derived CBD products as long as they contained 0.3% THC or less. Consequently, CBD products began to rapidly emerge in retailers across the country. Even though both hemp and marijuana belong to the cannabis family, the major difference between the two is that CBD does not stimulate psychotropic effects, while THC does indeed cause mind-altering effects. Now, as a result of this understanding, more countries have become keen to approve CBD as a medical treatment solution. HempFusion Wellness Inc. (TSX: CBD.U) (OTC: CBDHF), Tilray,
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