IN BRIEF: Love Hemp gets first order from Amazon, sees range expanding

Love Hemp Group PLC - London-based cannabidiol products - Receives its initial order from ...

Alliance News 17 September, 2021 | 1:32PM
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Love Hemp Group PLC - London-based cannabidiol products - Receives its initial order from Amazon.com Inc, after being invited by the retailer to join its limited range of CBD products available on the UK site. Love Hemp will have its own dedicated virtual store on the website, meaning Amazon will place orders with Love Hemp, then send them to customers from its central depot. Products will be available to buy shortly and Love Hemp expects the range to increase, following compliance processes.

"Securing an invitation, and fulfilling the compliance required, to list our products on Amazon is a significant achievement for Love Hemp," Chief Executive Tony Calamita said.

Love Hemp previously called Amazon an "online channel partner", without revealing details.

Current stock price: 3.09 pence, up 11% on Friday

Year-to-date change: up 55%

By Ivan Edwards; ivanedwards@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Rize Environmental Impact 100 ETF 4.55 USD 1.16 -
Love Hemp Group PLC 0.43 -
Amazon.com Inc 173.67 USD -1.65

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