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Harvest One’s (TSXV:HVT) LivRelief CBD cream hits number one in Ontario

Cannabis
TSXV:HVT
29 January 2021 14:30 (EDT)

Harvest One’s (HVT) LivRelief CBD cream achieved the #1 revenue position within the Infused Topicals category in Ontario based on Ontario Cannabis Store sales data, as of December 2020.

Its LivRelief brand captured approximately 32 per cent market share within the Infused Topicals category in Ontario based on sales revenue.

“We are very pleased to be ranked as the #1 selling infused topical in the Ontario market,” said Gord Davey, President and Chief Executive Officer of Harvest One.

“Our innovative infused topical with its effective and differentiated delivery system has resonated well with consumers and established itself as the leader in the Infused Topicals category. We will continue to educate the market on this category and look forward to building on this success with a number of new innovative product formats and line extensions in 2021,” he concluded.

The infused products are available nationally through Medical Cannabis by Shoppers™, as well as in cannabis stores throughout Ontario, British Columbia, Alberta, Saskatchewan, Manitoba and New Brunswick.

Additional provincial distribution agreements are expected.

LivRelief’s infused topicals are currently available in two formats – a CBD-only formulation containing 250mgs of CBD and a 1:1 format formulation with 125mgs of THC and 125mgs of CBD.

Harvest One is a global CPG company that develops and distributes premium health, wellness and self-care products with a market focus on sleep, pain, and anxiety.

It has a focus on cannabis-infused and non-infused consumer packaged goods. 

Harvest One Cannabis (HVT) is in the grey and is trading at C$0.095 at 1:11 pm EST.

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