Green Growth Brands, Inc. (OTC: GGBXF) announced its first cannabidiol (CBD) location that is the first of hundreds of Seventh Sense CBD Shops. The shop is estimated to be about 200 sq. ft. and is considered to be well-positioned next to retailers that are high-traffic as well as high-end.
{{cta(‘9ea02a50-49d6-4489-b5ad-759c3785b595’)}}
Mall-goers will be able to decide to purchase products such as CBD-infused bath bombs, body lotion, lip balm, body wash, and many more options. Product options will only grow at Seventh Sense CBD locations as its product list will continue to expand and include many new categories or individual types of products.
Chief Executive Officer of Canopy Growth Brands, Peter Horvath, stated: “We know that exceptional store experiences create customer loyalty, and we know that the mystical, curious and confident brand we are building here will be exceptional. We will methodically roll out hundreds of shops across America in the very near future.”
{{cta(‘0a6b36a0-c613-45fc-941a-4da2b0d34c75’)}}
Green Growth Brands has also announced that it has a goal to secure the space necessary for Seventh Sense CBD locations within popular malls across the United States. The company intends to sign many lease agreements and has entered into a large agreement with Simon Property Group, Inc (NYSE: SPG). Simon Property Groups is the largest shopping mall operator within the United States and, with the agreement between it and Green Growth Brands, has provided access to 108 shop locations for future Seventh Sense CBD Shops.
Curious about how you can make money investing in cannabis? Sign up for Cannin Free Access and subscribe to the Cannin Chronicle. We’ll keep you informed on all things cannabis and even help you determine which cannabis companies have the highest growth potential.