CV Sciences Inc (OTCMKTS:CVSI) is expanding its PlusCBD™ Oil brand. It made the announcement today outlining that the industry-dominating product will be expanded into the specialty retail channel. It focuses on this together with The Vitamin Shoppe Inc (NYSE:VSI).
Analysts have supported CV Sciences move. They say that it broadness the availability and distribution of its wide array of the best selling PlusCBD™ Oil products.
The PlusCBD™ Oil products
The Vitamin Shoppe’s coverage is on a nationwide scale, and the distribution plans are currently underway. The items on sale will include topical products such as the PlusCBD™ Oil Roll-On that was launched recently. The other will be the PlusCBD™ Oil Extra Strength Balm.
The PlusCBD™ Oil full-spectrum hemp extracts will also be sold in all the stores as well. These include Gold Formula Drops, Gold Formula Softgels, Total Plant Complex Sprays, and Capsules. Recently, the company outlined that starting September 22, 2019, most of its products will be available in about 383 Vitamin Shoppe stores; across 30 states in the U.S. More will be sold out in Puerto Rico.
An official working with CV Sciences says that the latest expansion places their PlusCBD™ Oil products is a good thing. The goal has been to place the products in about 5,300 retail locations across the United States.
The Chief Executive Officer of CV Sciences Joseph Dowling, has termed their business partner a focused and progressive one. He thinks it is the ideal partner as the company works towards achieving rapid expansion on a nationwide scale.
Dowling opines, “Their customers are savvy shoppers focused on health and wellness with a keen eye for high quality, efficacious products that promote a healthy lifestyle.”
The official adds that as a company, they appreciate the business collaboration with The Vitamin Shoppe. They are targeting availing the PlusCBD™ Oil products to all their discerning shoppers.
Vitamin Shoppe says it will continue introducing its PlusCBD™ to CV Sciences CBD hemp extract products. The Chief Executive Officer of The Vitamin Shoppe Sharon Leite says they want to give the best to the wellness consumers.
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