CV Sciences, Inc. (California) announced further expansion of its PlusCBD Oil brand with The Kroger Co. (Ohio).
CV Sciences’ expansion broadens distribution and availability of the company’s PlusCBD Oil Original and Extra Strength Balms, and recently launched PlusCBD Oil Roll-Ons to more than 400 Kroger stores in five new states, including Georgia, Montana, Texas, Utah and Virginia. This expansion brings CV Sciences’ PlusCBD Oil distribution with Kroger to 22 states and 1,350 stores across many of Kroger’s retail banners, including Kroger, Dillons, Fry’s, Fred Meyer, King Sooper, Mariano’s, Pick ‘n Save, QFC and Smiths.
“We are pleased to further grow our distribution with Kroger and increase the availability of PlusCBD Oil products to more Kroger shoppers across the U.S.,” said Joseph Dowling, CEO, CV Sciences. “We see significant opportunities to further expand our partnership into more Kroger retail outlets with additional product SKUs, as demand for high quality, safe and effective hemp CBD products continues to increase with broader market acceptance.”
PlusCBD Oil Extra Strength Balm ranks No. 1 in sales in both the Total U.S. Natural Channel and Total U.S. MULO (Multi Outlet) over the last 52 weeks among hemp CBD products within topical analgesics, according to SPINS and IRI data, respectively. Illinois-based Brightfield Group, a predictive analytics and market research firm for the CBD market, expects $1.3 billion in sales of hemp CBD topicals in 2019, with a compound annual growth rate of 169 percent from 2018–2022.
For more information, visit www.cvsciences.com or www.kroger.com.
