Jul 11, 2019
Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced its receipt of a purchase order from American Eagle Outfitters, Inc. (NYSE: AEO), through which it will sell hemp-derived cannabidiol (“CBD”) infused personal care products in nearly 500 American Eagle stores and online. According to the update, the purchase order represents GGB’s third major wholesale agreement since passage of the 2018 Farm Bill. Sales of the products exclusively developed for American Eagle, including a wide assortment of CBD-infused personal care items such as lotions, muscle balms and aromatherapy, are expected to begin in October 2019. “We are very pleased to be partnering with American Eagle, a leader in the specialty retail space,” Green Growth Brands CEO Peter Horvath said in the news release. “GGB provided the expertise necessary to develop the product formulations and packaging to create a really special line of products.”
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About Green Growth Brands
Green Growth Brands creates remarkable experiences in cannabis and CBD. Led by CEO Peter Horvath and a leadership team of consumer-focused retail experts, the company’s brands include CAMP, Seventh Sense Botanical Therapy, The+Source, Green Lily, and Meri + Jayne. The company also has a licensing agreement with the Greg Norman(TM) Brand to develop a line of CBD-infused personal care products designed for active wellness. Already driving the strongest sales per square feet in the cannabis industry, GGB is expanding its cannabis operations throughout the U.S., its CBD presence at ShopSeventhSense.com, in malls across the country and at DSW shoe stores—and that’s just the beginning. For more information, visit the company’s website at www.GreenGrowthBrands.com.
NOTE TO INVESTORS: The latest news and updates relating to GGBXF are available in the company’s newsroom at http://nnw.fm/GGBXF
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