Announcements
New CBD Distribution Deal Happens with American Eagle (AO) and Green Growth Brands (GGB)
Green Growth Brands is a cannabis company based in Ohio. The company reported last week that it has entered a deal with American Eagle Outfitters. It also announced the partnership on Twitter.
Green Growth Brands Announces Agreement with American Eagle to Sell CBD-Infused Personal Care Products – Canada NewsWire #cannabis #medicalmarijuana #legalmarijuana https://t.co/2t3wKWowI7
— HempNews (@HempNews1) July 12, 2019
According to the press release, the partnership is for a purchase order in which it will provide CBD derived from hemp in the form of personal care products to American Eagle Outfitters. The clothing retailer will then sell the products in 500 of its stores and online. This is Green Growth Brands’s third major purchase agreement since the 2018 Farm Bill went into effect.
The products that Green Growth Brands provides American Eagle Outfitters will be exclusively developed for the brand, and will include CBD-infused personal care products, such as muscle balms, lotions, and aromatherapy.
Peter Horvath, the CEO of Green Growth Brands, stated in the press release about the partnership
“We are very pleased to be partnering with American Eagle, a leader in the specialty retail space.” He continued “GGB provided the expertise necessary to develop the product formulations and packaging to create a really special line of products.”