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Tuesday, July 09, 2019 3:05:50 PM
GREEN GROWTH BRANDS INC. (OTC) ($GGBXF)As a result of Peter Horvath, Green Growths CEO appearance on CNBC on Tuesday July 2nd, the volume and stock price had a incredible spike as he outlined the extent of their growth plans. Eight months ago the company had one shop. Now it has 60 and it's on track to have 240 in the next four months, Horvath explained.
The growth in the industry is incredible, and for Green Growth Brands, it wouldn't work without some help. The company has partnerships with Simon Property Group ( SPG ) and Brookfield Asset Management (BAM) . These two companies operate some of the best malls in the world, giving Green Growth Brands access to some of the best locations right away.
Abercrombie & Fitch (NYSE:ANF) and Green Growth Brands (OTCQB:GGBXF) plan to expand their partnership after testing Green Growth's Seventh Sense Botanical Therapy products in 10 A&F stores.
Abercrombie & Fitch will now carry the CBD products in more than 160 retail stores. The expansion includes Seventh Sense's CBD-infused body lotions, muscle balms, lip balms and sugar scrubs.
Source: Press Release
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